FOSSA

FOSSA

Software supply chain risk management platform

About

FOSSA specializes in managing risks associated with software supply chains by providing tools for generating and analyzing Software Bills of Materials (SBOM). Their platform allows organizations to track and manage the components of their software, ensuring compliance with various regulations and enhancing transparency. FOSSA's products work by automating the analysis of open source software, helping users manage license compliance and prioritize vulnerabilities effectively. Unlike many competitors, FOSSA focuses on large enterprises and offers extensive Software Composition Analysis (SCA) capabilities, making it a comprehensive solution for organizations with complex software needs. The goal of FOSSA is to empower businesses to maintain secure and compliant software supply chains, ultimately supporting their operational efficiency and regulatory obligations.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$33M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • FOSSA's continuous product innovation, such as the revamped CLI and Container Scanning, demonstrates a strong commitment to enhancing their platform's capabilities.
  • The company's ability to attract clients like Flexys indicates a growing trust and reliance on FOSSA's solutions for managing open source code quality and security.
  • Participation in high-profile events like Legal Innovators California provides networking opportunities and increased visibility in the legal tech sector.

What critics are saying

  • The competitive landscape in open source management and legal tech is intense, requiring FOSSA to continuously innovate to maintain its edge.
  • The complexity of integrating new features like Risk Intelligence and Container Scanning could pose challenges in terms of user adoption and technical support.

What makes FOSSA unique

  • FOSSA stands out by offering comprehensive solutions for open source management, including quality, security, and compliance, which are critical for modern software development.
  • Their recent launch of FOSSA Quality and Risk Intelligence add-on highlights their proactive approach to addressing software supply chain vulnerabilities.
  • FOSSA's participation in the Legal Innovators California conference underscores their commitment to staying at the forefront of legal tech and innovation.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

11%

2 year growth

-18%

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