Socket lands a fresh $40M to scan software for security flaws [TechCrunch]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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Source: TechCrunch
According to one recent survey , 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained. Security firm Synopsys found in its 2023 report that 89% of businesses' codebases contained open source tools over four years out of date. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack. These attacks could cost the economy almost $81 billion in lost revenue and damages by 2026, estimates Juniper Research. Socket , a startup that provides tools to detect security vulnerabilities in open source code, has raised $40 million to help address the problem. CEO Feross Aboukhadijeh founded Socket in 2020. A prolific open-source maintainer and web security lecturer at Stanford, Aboukhadijeh says he came to believe that traditio
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News
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- Is Synopsys Stock a Buy, Sell or Hold at a P/E Multiple of 37.76X? [Yahoo! Finance]Yahoo! Finance
- Black Duck Recognized as a Leader in Software Composition Analysis by Independent Research Firm [Yahoo! Finance]Yahoo! Finance
- Synopsys (SNPS) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Synopsys, Inc. (NASDAQ: SNPS) is now covered by analysts at Loop Capital. They set a "buy" rating and a $675.00 price target on the stock.MarketBeat
SNPS
Earnings
- 8/21/24 - Beat
SNPS
Sec Filings
- 10/1/24 - Form 8-K
- 9/17/24 - Form 4
- 9/4/24 - Form 4
- SNPS's page on the SEC website