Veracode Lands $30,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=29e1c33e-8abd-48c5-b1a7-6bbbc85c2aa7&Preview=1 -
Date
4/12/2012 -
Company Name
Veracode -
Mailing Address
4 Van de Graaff Drive Burlington, MA 01803 -
Company Description
Veracode is the industry’s first provider of automated, on-demand application security solutions. Created by a world-class team of application security experts from @stake, Guardent, ISS, VeriSign and Symantec, the company delivers services to identify software flaws introduced through coding errors or malicious intent. Veracode’s core service, SecurityReview is based on a patented binary code analysis that inspects the entire application, including components without source code. Enterprises can now protect their intellectual property while preventing attacks allowed by vulnerabilities in applications. -
Website
http://www.veracode.com -
Transaction Type
Venture Equity -
Transaction Amount
$30,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will continue to hire aggressively across engineering, operations, sales, customer service and marketing with plans to double the workforce by December, 2012. -
M&A Terms
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Venture Investor
Meritech Capital Partners -
Venture Investor
Atlas Venture -
Venture Investor
.406 Ventures -
Venture Investor
StarVest Partners
