Kusari, a newcomer in the growing domain of supply chain security, has secured $8 million in pre-seed and seed funding rounds from investors including J2 Ventures, Glasswing Ventures, and Unusual Ventures. This innovative security platform aims to address the escalating threat to software supply chains by offering a comprehensive solution built on an open-source foundation. The tech startup’s co-founder and CEO, Tim Miller, emphasizes the lack of education in software supply chain management and intends to position Kusari as a guiding security platform for navigating supply chain issues.
With the backing of the recent funding, Kusari plans to expand its Software-as-a-Service (SaaS) platform and grow its team from eight to about 15 members. The company, founded in 2022 by Tim Miller, Michael Lieberman, and Parth Patel, envisions Kusari as a GPS for supply chain issues, providing transparency and security while aiding chief information security officers and DevOps professionals in understanding and addressing software risks.
Kusari leverages the open-source project Guac, in which the co-founders played a contributing role, to identify the most-used components in a software supply chain and detect exposures to risky dependencies. The security platform can ascertain ownership of apps, ensure compliance with organizational policies, and determine changes between different software versions. In terms of remediation, Kusari employs Guac to gauge the “blast radius” of a vulnerability and formulate a plan for patching. Their platform can also trace the origin point of exploits, pinpointing when and where they were introduced.
Competitors such as Legit Security, Ox Security, and Snyk are acknowledged by Miller, but he underscores Kusari’s unique open-source approach. Their platform follows an open-source plus SaaS business model, intending to significantly reduce the cost of addressing software vulnerabilities while enhancing confidence in doing so.
Future capabilities in development include a chatbot resembling ChatGPT, enabling users to interact with Guac through Kusari to inspect and gain insights into an organization’s supply chain. Their team aims to stay lean and plans to launch the platform for general availability later this year.
As the software supply chain faces growing risks and challenges, Kusari’s approach to transparency, security, and cost-effectiveness positions it as a contender in the competitive market for supply chain security solutions. The startup‘s commitment to open-source principles and its focus on delivering a comprehensive platform may contribute to its success in addressing the concerns surrounding software supply chains.