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Sonatype, a company that helps companies build more secure software, will be announcing an $80 million funding round led by TPG.

Why it matters: The Equifax breach occurred with a known vulnerable component. Sonatype's aim is to help companies choose more secure components — and know when the components they use have new vulnerabilities so they can patch them.

Sonatype’s other goal is to help companies more take advantage of open source code.

Driving the investment: Sonatype CEO Wayne Jackson said he's been in talks with TPG for "well over a year," but wasn't willing to accept the dilution that accompanies such a large investment until now.

  • “While the use of open source continues to grow exponentially, its ungoverned use presents significant security risks, as evidenced by last year’s breach at Equifax,” said Art Heidrich of TPG said in a statement.

The details: The round is the largest in volume ever for the firm and surpasses the combined funds the firm previously raised since the firm was founded in 2008, per CrunchBase.

  • The investment round will back additional R&D investments, sales, marketing, and strategic objectives, including expanding Sonatype’s Nexus platform offerings.
  • Existing investors participated in the new round, including Accel, Goldman Sachs Group, and Hummer Winblad. Barclay’s is acting as financial advisor.

Go deeper

A divided nation flocks to partisan brands

Data: Harris Poll; Chart: Danielle Alberti/Axios

Americans are leaning into companies that have strong political positions, in the wake of one of the country's most divisive election years.

Driving the news: New rankings from the Axios/Harris 100 poll — an annual survey to gauge the reputation of the most visible brands in the country — show that brands with clear partisan identifications are becoming more popular.

America is finally winning its fight against the coronavirus

Expand chart
Data: CSSE Johns Hopkins University; Map: Andrew Witherspoon/Axios

America’s battle against the coronavirus is going great.

The big picture: For the first time in a long time, nobody needs to cherry-pick some misleading data to make it seem like things are going well, and the good news doesn’t need an endless list of caveats, either. It’s just really good news. We’re winning. Be happy.

Updated 3 hours ago - World

Over 70 dead in worst bombardments between Israel and Hamas for years

Palestinian Muslims exchange wishes for Eid al-Fitr, marking the end of the fasting month of Ramadan, near a razed building in the northern Gaza Strip town of Beit Lahia, on May 13. Israeli forces said they had killed a senior Hamas commander in May 12 airstrikes. Gaza's health ministry said children died in the strikes. Photo: Majdi Fathi/NurPhoto via Getty Images

At least 67 Palestinians and seven Israelis have been killed in fighting between Israel's military and Hamas since Monday, per Reuters.

The big picture: The worst aerial exchanges of fire between Israel and Hamas since 2014 continued into early Thursday. It comes days after escalating violence in Jerusalem that injured hundreds of Palestinians and several Israeli police officers during protests over the planned evictions of Palestinian families from their homes.

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