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HeroDevs Secures $125M to Extend Life of Critical Open Source Software

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Manage episode 496276482 series 3645080
תוכן מסופק על ידי Daily Security Review. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Daily Security Review או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

In this episode, we dive deep into HeroDevs' recent $125 million strategic growth investment, a move that signals a major expansion in the fight against the vulnerabilities of end-of-life (EOL) open source software. Based in Salt Lake City, HeroDevs has carved out a critical niche—providing "Never-Ending Support" (NES) to ensure security, compliance, and functionality for deprecated OSS widely used across enterprise systems.

With this latest round, HeroDevs has raised a total of $133 million, and they’re putting it to strategic use. The funding will enhance their NES offerings, reinforce proactive defense against AI-driven vulnerabilities, and expand compatibility across more frameworks like Drupal 7, Bootstrap, jQuery, and even CentOS. Perhaps most significantly, $20 million of the raise is earmarked for their Open Source Sustainability Fund, a powerful initiative supporting creators and maintainers of OSS projects that follow best practices when entering end-of-life.

HeroDevs already supports over 900 organizations, including nearly a third of the Fortune 100. Their NES model allows companies to avoid the costly burden of migrating away from deprecated tools while maintaining security and regulatory compliance with standards like HIPAA, PCI-DSS, and FedRAMP.

As the adoption of AI accelerates and increases security surface area, the need for long-term, secure OSS support becomes more urgent. We explore how HeroDevs plans to meet that demand, the risks of unmanaged EOL software, and how their NES services are already mitigating threats before they’re disclosed publicly.

This is not just about patching old code. It’s about sustaining the backbone of modern digital infrastructure, supporting the developers who maintain it, and giving companies a viable path forward in a rapidly evolving threat landscape.

#HeroDevs #OpenSourceSecurity #NeverEndingSupport #OSS #EndOfLifeSoftware #CyberSecurity #Compliance #VulnerabilityManagement #SustainabilityFund #AIThreats #CentOS #Drupal7 #Bootstrap #jQuery #OpenSourceFunding #SoftwareMaintenance #DevSecOps #EnterpriseSecurity #LegacySoftware #AaronFrost #PSGInvestments

  continue reading

410 פרקים

Artwork
iconשתפו
 
Manage episode 496276482 series 3645080
תוכן מסופק על ידי Daily Security Review. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Daily Security Review או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

In this episode, we dive deep into HeroDevs' recent $125 million strategic growth investment, a move that signals a major expansion in the fight against the vulnerabilities of end-of-life (EOL) open source software. Based in Salt Lake City, HeroDevs has carved out a critical niche—providing "Never-Ending Support" (NES) to ensure security, compliance, and functionality for deprecated OSS widely used across enterprise systems.

With this latest round, HeroDevs has raised a total of $133 million, and they’re putting it to strategic use. The funding will enhance their NES offerings, reinforce proactive defense against AI-driven vulnerabilities, and expand compatibility across more frameworks like Drupal 7, Bootstrap, jQuery, and even CentOS. Perhaps most significantly, $20 million of the raise is earmarked for their Open Source Sustainability Fund, a powerful initiative supporting creators and maintainers of OSS projects that follow best practices when entering end-of-life.

HeroDevs already supports over 900 organizations, including nearly a third of the Fortune 100. Their NES model allows companies to avoid the costly burden of migrating away from deprecated tools while maintaining security and regulatory compliance with standards like HIPAA, PCI-DSS, and FedRAMP.

As the adoption of AI accelerates and increases security surface area, the need for long-term, secure OSS support becomes more urgent. We explore how HeroDevs plans to meet that demand, the risks of unmanaged EOL software, and how their NES services are already mitigating threats before they’re disclosed publicly.

This is not just about patching old code. It’s about sustaining the backbone of modern digital infrastructure, supporting the developers who maintain it, and giving companies a viable path forward in a rapidly evolving threat landscape.

#HeroDevs #OpenSourceSecurity #NeverEndingSupport #OSS #EndOfLifeSoftware #CyberSecurity #Compliance #VulnerabilityManagement #SustainabilityFund #AIThreats #CentOS #Drupal7 #Bootstrap #jQuery #OpenSourceFunding #SoftwareMaintenance #DevSecOps #EnterpriseSecurity #LegacySoftware #AaronFrost #PSGInvestments

  continue reading

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