HeroDevs receives $125M in strategic growth investment from PSG to enhance their support for deprecated open-source software.
PRIVATEJul 24, 2025
Amount Raised
$125 Million
Round Type
Venture
SandyInformation TechnologySoftwareSecurity
Investors
AlbumPsg
Description
HeroDevs has secured a $125M investment from PSG, with participation from existing investor Album. The funds will be used to strengthen their Never-Ending Support solutions for deprecated open-source software. Led by CEO Aaron Frost, the company aims to ensure security and compliance for businesses using outdated technologies.
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Company Information
Company
HeroDevs
Location
Sandy, Utah, United States
About
HeroDevs is a leading provider of support and compliance solutions specifically designed for deprecated open-source software. The company offers services that ensure continued use of critical technologies, mitigating the risks associated with security and compliance for businesses. By providing regular updates and support, HeroDevs helps organizations maintain their operational integrity while navigating obsolete software challenges. Their focus extends to highly-regulated industries, ensuring compliance with various security frameworks.
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SandyInformation TechnologySoftwareSecurity