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magikarp | 12 years ago

> How do you manage to afford to finance the audits and bug bounties?

Public donations from our website and funding from public institutions and NGOs. Currently, our audits are funded by the Open Technology Fund: https://www.opentechfund.org

Generally, our funding tends to be very limited though, so sometimes we have to ask someone to do an audit for cheaper than they usually would, seeing as we're an open source project with no source of revenue.

EDIT: Forgot to mention, we have no funding for bug bounties. I pay all bug bounties out of my own pocket. I don't mind, I feel the money is very well-spent.

Good luck with your startup!

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lemonlimebubble|12 years ago

Ah, so basically, as a for-profit company aiming at a B2B enterprise product, we are screwed in this regard until we have the capital to absorb the audit cost through either revenue or investment. Oh well.