Veracode Lands $30,000,000 New Round

  • Feed Type
  • 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
  • Venture Investor
    Meritech Capital Partners
  • Venture Investor
    Atlas Venture
  • Venture Investor
    .406 Ventures
  • Venture Investor
    StarVest Partners

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