Photo: Boaz Rabinovitch
Photo: Boaz Rabinovitch

Hopper Emerges from Stealth with Seed Funding and Presents a New Approach to Open Source Security

The company announces a SEED funding round of approximately $8 million led by leading investors. "Our goal is to cut through the clutter, surface real risks, and make open-source security fast, accurate, and developer-friendly"

Israeli cyber company Hopper reveals its activities for the first time after an extended period operating in stealth mode and presents an intriguing platform it developed for open source code risk management. The platform is based on Reachability Analysis and offers an alternative to traditional SCA (Software Composition Analysis) tools.

In the modern software industry, using open source components has become standard, but also a source of critical and complex security challenges. According to the company, existing vulnerability detection tools suffer from numerous false positives, leading to overload on development and security teams. Hopper seeks to change this through an approach that simulates how code actually runs and can precisely identify which parts of the open source code are vulnerable to exploitation.

Hopper’s technology operates without requiring agents or changes to development processes, allowing teams to understand the location of vulnerabilities in the code, receive focused recommendations, and significantly reduce response times to security incidents.

The platform, which according to the company is already in use at several technology companies in the US, with customers reporting savings of up to 8% of development time, improvements in meeting operational goals, and increased productivity of development teams.

According to the company, the platform which enables information security and development teams to replace traditional tools with a developer-friendly platform, is already being used by fast-growing tech companies and leading companies in the US — who report spending up to 8% of total development time addressing alerts, improving remediation SLAs, reducing MTTR, and boosting developer productivity.

Hopper was founded in early 2023 by entrepreneurial duo Roy Gottlieb (CEO), a Unit 81 veteran and Israel Security Award winner, and Oron Gutman (CTO), former department head in Unit 8200, also an Israel Security Award recipient.

Alongside emerging from stealth, the company announced a Seed funding round of $7.6 million led by investment funds Meron Capital and New Era, with participation from the Sequoia Scout Fund, M-Fund, and leaders behind exits to Intel, Oracle, Google, HPE, Symantec, ZoomInfo, AWS, and more.

“We didn’t start Hopper because the world needed another SCA tool,” said Gottlieb, the company’s CEO, “We started it because existing solutions overwhelm teams and slow down development. Hopper is built to cut through the clutter, surface real risks, and make open-source security fast, accurate, and developer-friendly.”

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