The Boston- and Tel Aviv-based company formerly known as WhiteSource has a new name and a new vision for its services. The company, now rebranded as Mend, is focusing on security in what CEO Rami Sass has labeled a “new journey” as a “bigger and different” organization that offers the “industry’s first automated remediation for custom code security issues.”
Whitesource, founded in 2011, first made its name as an open-source software composition analysis firm. Mend, by contrast, will offer a comprehensive integrated security platform intended to be broadly applicable to the variety of cyberattacks that can threaten modern companies.
Over the past year, Mend has raised a total of over $75 million in funding to fuel its evolution into a cutting-edge security firm, a process which included the acquisition of Croatia’s DefenseCode and Germany’s Xanitizer, both firms with proven track records in cybersecurity. Mend has also highlighted its intention to further develop its channel relationships, including with other reputable cybersecurity companies, such as GuidePoint Security and Defy Security.
Mend’s current financial figures are unknown, but the company claims an over 800 percent growth in revenue during the last three years. In the same period, it claims to have added over 350 new customers. Mend currently serves over 1,000 customers, about 25 percent of which are Fortune 100 entities according to the company’s latest statements.
In a recent press release, Mend described how cyber attackers increasingly target applications as the main vulnerability of large organizations, which puts a lot of pressure on the security industry to deliver more effective software at a faster rate. Mend’s services are intended to automatically reduce harm from attacks on the software side, secure the application, and buy developers time to deploy solutions.
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Co Founder & Co CEO AccelOne / Founder & President Axigma Training Company
With more than 30 years’ experience in the IT industry, Mario is a seasoned professional with proven capabilities and a strong understanding of local market. He has held various executive positions, both locally and regional, and as such has gained extensive knowledge in sales, operations, business controls, strategy, business transformation and leadership. He counts with deeply experience in start-ups and is a devote entrepreneur passionate about innovation, transformation and technology. This experience, combined with his deep industry knowledge, positions him perfectly to deliver his digital transformation ambitions in America, thereby empowering governments, organizations and individuals to achieve more.
Mario is renowned for building a strong education company in Argentina, (Axigma) an SAP Education Partner and Salesforce Trailhead Academy Authorized Training Provider. He is oriented on high-performing teams that consistently deliver on their financial targets, while also bringing innovative digital solutions to his partners and customers. He is recognized for strength in developing people and creating an environment where everyone can do their best work.
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