Lineaje, a leader in software supply chain security management, announced a significant $20 million Series A funding round led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures.

An earlier investor, Tenable Ventures, took part in the investment round as well. This investment demonstrates the growing need for robust software supply chain security solutions worldwide and acknowledges Lineaje's creative solution to the problems encountered by companies across a range of sectors.

Wipro Ventures, Secure Octane Investments, J-Ventures, Alumni Ventures, and Carahsoft—the largest software reseller in the world catering to the U.S. government—are also involved in this round.

Executives from Zscaler, CrowdStrike, and Trellix have also contributed, bringing Lineaje's total fundraising to $27 million.

With the additional funding, Lineaje will strengthen its AI-powered platform, speed up customer acquisition, add new features to its cutting-edge BOMbots insights, and develop new technologies that allow software supply chain problems to be automatically resolved.

According to Lineaje CEO Javed Hasan, the company is leading the worldwide revolution in software supply chain security and management, and this funding represents a critical turning point for the company. The goal of Lineaje is to enable enterprises in the public and private sectors to easily manage and safeguard their entire software ecosystems. According to Javed, one of their main priorities will be to improve Lineaje AI's capacity to provide enterprises with well-known, safe open-source software while drastically lowering the costs associated with corporate software maintenance. Great international partners have joined the round, giving the company the connections and funding it needs to expand its award-winning product portfolio internationally.

An additional factor that attracts investors to Lineaje is its operational continuity and ability to lessen the financial burden caused by software supply chain attacks.