About Protecode
Protecode is a company based in Ottawa (Canada) founded in 2006 was acquired by Synopsys in November 2015.. Protecode has raised $4.2 million across 1 funding round from investors including Synopsys and Brightspark Ventures. Protecode operates in a competitive market with competitors including Inish Technology, Cryptolens, saasmetrix, TripleCheck and Secureon, among others.
- Headquarter Ottawa, Canada
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Protecode
Protecode has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.2 million completed in January 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.2M
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First Round
First Round
(15 Jan 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2008 | Amount | Series A - Protecode | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Protecode
Protecode has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Synopsys and Brightspark Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in Canadian early-stage tech companies and providing access to funds.
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Electronic design automation solutions are provided for semiconductor systems.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Protecode
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Protecode
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Protecode Comparisons
Competitors of Protecode
Protecode 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 Inish Technology, Cryptolens, saasmetrix, TripleCheck and Secureon, 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 |
Software licensing and analytics are managed via cloud-based SaaS.
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| domain | founded_year | HQ Location |
A cloud-based software licensing platform is provided for application developers.
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| domain | founded_year | HQ Location |
Provider of license management solutions for SaaS application
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| domain | founded_year | HQ Location |
Open source software licensing compliance
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| domain | founded_year | HQ Location |
Software licensing and management solutions are provided for runtime protection.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Protecode
Frequently Asked Questions about Protecode
When was Protecode founded?
Protecode was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Protecode located?
Protecode is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is Protecode a funded company?
Protecode is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Series A of $4.2M, raised on Jan 15, 2008.
What does Protecode do?
Tools for open source software license management were developed by Protecode, founded in 2006 in Ottawa, Canada. A proprietary database of over 450,000 public projects is utilized to identify components in software libraries and cross-reference license obligations. Inventory reports are generated, linking software to licensing and copyright details. Audit services are also provided for scenarios like mergers and acquisitions.
Who are the top competitors of Protecode?
Protecode's top competitors include saasmetrix, Cryptolens and Reprise Software.
Who are Protecode's investors?
Protecode has 2 investors. Key investors include Synopsys, and Brightspark Ventures.