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Battery Ventures Acquires Grammatech’S Application Security Testing Software Business, Forming Codesecure

PRIVATESep 05, 2023

Acquiring Company

BTRY

Acquired Company

GrammaTech

DübendorfManufacturingEnergyRenewable EnergySemiconductors

Description

GrammaTech, a high-profile provider of application security testing products and software research services, today announced that Battery Ventures has acquired its software products division, including the CodeSonar and CodeSentry product lines. The transaction establishes a new, independent entity that will operate under the CodeSecure, Inc. name and be headquartered in Bethesda, Maryland. GrammaTech will continue to offer cyber security research and development services and tools to the US defense and intelligence community.

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Company Information

Company

BTRY

Location

Dübendorf, Zurich, Switzerland

About

BTRY is an early-stage battery start-up with a clear mission: to revolutionize the energy storage industry by developing innovative, sustainable, and efficient battery solutions. Our primary objective is to accelerate the global transition to clean energy by providing cutting-edge battery technologies that enable the widespread adoption of renewable energy sources.

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Frequently asked

Who acquired GrammaTech?

GrammaTech was acquired by BTRY, based in Dübendorf. The deal was reported on September 5, 2023. BTRY is an early-stage battery start-up with a clear mission: to revolutionize the energy storage industry by developing innovative, sustainable, and efficient battery solutions. BTRY is privately held and operates in Manufacturing.

When did BTRY acquire GrammaTech?

BTRY's acquisition of GrammaTech was reported on September 5, 2023. GrammaTech, a high-profile provider of application security testing products and software research services, today announced that Battery Ventures has acquired its software products division, including the CodeSonar and CodeSentry product lines. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GrammaTech do?

GrammaTech helps solve the most challenging software issues of today and tomorrow, safeguarding mission-critical devices from failure and cyber attack. It is privately held.

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