About Veracode
Veracode is a company based in Burlington (United States) founded in 2006 was acquired by TA in March 2022.. Veracode has raised $106.88 million across 7 funding rounds from investors including Symantec, CA Technologies and Thoma Bravo. Veracode has completed 3 acquisitions, including Crashtest Security, Longbow and Phylum. Veracode offers products and services including ASPM, AI Code Remediation, SAST, DAST, and SCA. Veracode operates in a competitive market with competitors including Checkmarx, Bugcrowd, Synack, WhiteHat Security and Snyk, among others.
- Headquarter Burlington, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$106.88 M (USD)
in 7 rounds
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Latest Funding Round
$120 K (USD), Series F
Jan 01, 2018
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Investors
Symantec
& 13 more
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Employee Count
Employee Count
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Investments & Acquisitions
Crashtest Security
& 2 more
- Acquired by
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Products & Services of Veracode
Veracode offers a comprehensive portfolio of products and services, including ASPM, AI Code Remediation, SAST, DAST, and SCA. 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.
Provides unified visibility and remediation of application risks.
Automates fixes for security flaws in developer code.
Detects and fixes code flaws during writing.
Identifies runtime vulnerabilities in web applications.
Scans and manages risks in open-source components.
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Software Development Team
86 people
Leadership Team
23 people
Senior Team
21 people
Sales and Marketing
12 people
Principal Team
8 people
Product Management Team
6 people
Customer Team
4 people
Human Resources and Administration
3 people
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Funding Insights of Veracode
Veracode has successfully raised a total of $106.88M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $120 thousand completed in January 2018. 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 7
- Last Round Series F — $120,000
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First Round
First Round
(22 Jan 2007)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series F - Veracode | Valuation |
investors |
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| Sep, 2014 | Amount | Series F - Veracode | Valuation | Wellington |
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| Apr, 2012 | Amount | Series E - Veracode | Valuation | Meritech |
| 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 |
Investors in Veracode
Veracode has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Symantec, CA Technologies and Thoma Bravo. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward US-based companies.
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Founded Year | Domain | Location | |
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Venture capital firm investing in life science and biotechnology sectors
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veracode
Veracode has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Crashtest Security, Longbow and Phylum. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based solutions for application vulnerability assessments are provided.
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2020 | ||||
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Cloud security risk reduction platform
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2019 | ||||
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Provider of web application security testing
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veracode
| 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 |
Veracode Comparisons
Competitors of Veracode
Veracode 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 Checkmarx, Bugcrowd, Synack, WhiteHat Security and Snyk, 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 |
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| domain | founded_year | HQ Location |
Security testing software is provided for code vulnerability detection.
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| domain | founded_year | HQ Location |
Crowdsourced penetration testing for web applications is provided.
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| domain | founded_year | HQ Location |
Crowdsourced vulnerability discovery and security testing are provided via platform.
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| domain | founded_year | HQ Location |
Web application security testing and vulnerability management are provided.
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| domain | founded_year | HQ Location |
Application security is delivered via a cloud-based developer platform.
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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 Veracode
Frequently Asked Questions about Veracode
When was Veracode founded?
Veracode was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Veracode located?
Veracode is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Who is the current CEO of Veracode?
Brian Roche is the current CEO of Veracode.
Is Veracode a funded company?
Veracode is a funded company, having raised a total of $106.88M across 7 funding rounds to date. The company's 1st funding round was a Series E of $30M, raised on Jan 22, 2007.
What does Veracode do?
Veracode was founded in 2006 and is headquartered in Burlington, United States. Operations focus on the application security sector, where AI-driven platforms are utilized to identify and remediate vulnerabilities in web applications and code. Software risks are governed and mitigated through comprehensive testing solutions, enabling customers to manage security across their development lifecycle.
Who are the top competitors of Veracode?
What products or services does Veracode offer?
Veracode offers ASPM, AI Code Remediation, SAST, DAST, and SCA.
How many acquisitions has Veracode made?
Veracode has made 3 acquisitions, including Crashtest Security, Longbow, and Phylum.
Who are Veracode's investors?
Veracode has 14 investors. Key investors include Symantec, CA Technologies, Thoma Bravo, Atlas Venture, and Rovi Corporation.
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