Veracode Announces Significant Growth Investment From TA Associates

I am pleased to share the exciting news that TA Associates (“TA”), a leading global growth equity firm, has signed an agreement to make a strategic growth investment in Veracode, taking a majority equity position in the business. Thoma Bravo will also continue to be an investor alongside TA. This new partnership is forming at a critical moment in the evolution of the software security market. Enterprises across all industry verticals need a platform and a partner that can help them secure the software that runs our world. We are excited to partner with TA and Thoma Bravo to do exactly that for our customers and deliver the best outcomes for both their development and security teams.
Today’s news represents another step on the journey that began even before Veracode was incorporated, when Weld Pond, our founder and CTO Chris Wysopal, and his colleagues at L0pht testified to the US Congress about the need to secure software. Since our founding, Veracode has consistently led the way to…