Boom or Bust? 11 Big Bets on the Future of Boston Tech

7/9/12Follow @gthuang

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Veracode
HQ: Burlington, MA
Founded: 2006
CEO: Bob Brennan
Amount raised: $74M
Investors: Atlas Venture, Polaris Venture Partners, .406 Ventures, Symantec, Rovi, Meritech Capital Partners, StarVest Partners.
What it represents: The future of software application security.
Why it wins: Secure software and piracy are big issues; positive buzz about the business (could it follow the Iron Mountain playbook?).
Why it loses: IBM and HP are breathing down its neck. Or is that a win?
Photo courtesy of Veracode

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @gthuang

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  • http://about.me/miketrap Mike Troiano

    Great piece, Greg. Thanks for the props, and the warning. Worth noting… Actifio is radically simple copy data management. We stop the data storage explosion lots of businesses are struggling with right now by addressing its root cause: the siloed data protection and availability apps creating, moving, and storing copy after copy of everything in production. Think backup, snapshot, disaster recovery, test & dev, etc. We replace all that complexity and expense with a storage appliance that creates a single, golden copy of everything in production, and tracks changes to it over time. The result is a single, simple, elegant system that lets you recover any thing from any time instantly for up to 90% less than you’re paying today. It’s really not that hard to understand, we just need to do a better and more consistent job explaining it. I promise we will.

  • gthuang

    Thanks, Mike. I suspect your customers get the concept right away. It’s just one of those things that’s hard to write about in the mainstream press. You guys are building a very interesting company—definitely one to watch closely.