Fundz

Veracode Announces Significant Growth Investment From Ta Associates

PRIVATEMar 15, 2022

Round Type

Venture

BurlingtonProfessional ServicesSecurity

Description

Veracode, a leading global provider of application security solutions today announced that TA Associates (“TA”), a leading global growth private equity firm, has signed a definitive agreement to make a significant growth investment in the company. Veracode’s current majority investor, Thoma Bravo, a leading software investment firm, will retain a minority position in the business. The transaction, which values Veracode at $2.5B, is expected to be completed in Q2 2022, subject to customary closing conditions.

Quick answer

Veracode raised an undisclosed amount in a funding round, dated March 15, 2022. Veracode is based in Burlington, Massachusetts, United States.

How much did Veracode raise?
Veracode raised an undisclosed amount in a funding round on March 15, 2022.
What does Veracode do?
Veracode is a global leader in Application Risk Management for the AI era.
Where is Veracode based and how big is it?
Veracode is based in Burlington, Massachusetts, United States. Fundz records about 626 employees.
Who are the decision-makers at Veracode?
Fundz holds 1 contact at Veracode. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Security around the same time

Companies in the same sectors as Veracode that raised within 45 days of this round, from Fundz verified event records.

  • Nudge Security raised $7M (Seed) on April 5, 2022.
  • PIXM Security raised $4.3M (Seed) on February 1, 2022.
  • Veza raised $110M (Funding Round) on April 27, 2022.
  • Morrow Sodali raised an undisclosed amount on April 26, 2022.
  • Vivian Health raised $60M on April 26, 2022.
  • Newchip Inc. raised an undisclosed amount on April 26, 2022.

Who to call at Veracode, and when

A new round usually means Veracode is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Veracode, from your own LinkedIn network

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Company Information

Company

Veracode

Location

Burlington, Massachusetts, United States

About

Veracode is a global leader in Application Risk Management for the AI era. Powered by trillions of lines of code scans and a proprietary AI-assisted remediation engine, the Veracode platform is trusted by organizations worldwide to build and maintain secure software from code creation to cloud deployment. Thousands of the world’s leading development and security teams use Veracode every second of every day to get accurate, actionable visibility of exploitable risk, achieve real-time vulnerability remediation, and reduce their security debt at scale. Veracode is a multi-award-winning company offering capabilities to secure the entire software development life cycle, including Veracode Fix, Static Analysis, Dynamic Analysis, Software Composition Analysis, Container Security, Application Security Posture Management, and Penetration Testing.

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Veracode raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.