Sequoia Capital is backing Danish cybersecurity startup, Coana, to develop a novel software composition analysis tool. The tool will help businesses identify genuine threats among millions of components in the software supply chain. Founded in 2021 and slowly moving toward commercialization, Coana recently raised $1.6 million in a pre-seed funding round led by Sequoia Capital. The startup is aiming to expand beyond JavaScript to Java and Python to accommodate a broader customer base.
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