FossID

Stockholm, Sweden Founded: 2016 • Age: 10 yrs Acquired By Snyk
Platform that offers compliance solutions and security tools

About FossID

FossID is a company based in Stockholm (Sweden) founded in 2016 by Matias Juarez Melgarejo, Oskar Swirtun, and Jon Aldama was acquired by Snyk in May 2021.. FossID offers products and services including Software Composition Analysis, Open Source Audits, and FossID Workbench. FossID operates in a competitive market with competitors including SourceUp, among others.

  • Headquarter Stockholm, Sweden
  • Founders Matias Juarez Melgarejo, Oskar Swirtun, Jon Aldama
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fossid Ab
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Snyk

    (May 12, 2021)

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Products & Services of FossID

FossID offers a comprehensive portfolio of products and services, including Software Composition Analysis, Open Source Audits, and FossID Workbench. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Analyzes software for third-party components and vulnerabilities

Conducts audits for license and security compliance issues

Scanner for identifying open source snippets in code

People of FossID
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Stuart Dross
Chief Executive Officer
People
Aaron Branson
Chief Marketing Officer
People
Gary Armstrong
Senior Director Of Operations
People
Cosmin Circiu
IT Manager

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Funding Insights of FossID

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FossID

FossID has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Snyk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Application security is delivered via a cloud-based developer platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FossID

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FossID

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fossid Comparisons

Employees
+
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Competitors of FossID

FossID operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SourceUp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides a collaborative platform for sustainable sourcing solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fossid

Frequently Asked Questions about FossID

When was FossID founded?

FossID was founded in 2016.

Where is FossID located?

FossID is headquartered in Stockholm, Sweden.

Who is the current CEO of FossID?

Oskar Swirtun is the current CEO of FossID. They have also founded this company.

What does FossID do?

Platform that offers compliance solutions and security tools. It helps users to control the codebase, as well as identify licenses and vulnerabilities. The company offers a tool that detects and identifies open source components corresponding licenses in the users codebase. It also provides open source audit services for fingerprint collection, secure transfer, blind audit, and secure transfer.

Who are the top competitors of FossID?

FossID's top competitors include SourceUp.

What products or services does FossID offer?

FossID offers Software Composition Analysis, Open Source Audits, and FossID Workbench.

Who are FossID's investors?

FossID has 1 investor. Key investors include Snyk.

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