What is Herodevs?
HeroDevs is a recognized leader in providing secure, long-term support for deprecated open-source software. Their Never-Ending Support (NES) solutions are designed to maintain critical technologies, including frameworks like AngularJS, .NET, and Spring, ensuring they remain operational, secure, and compliant well beyond their official end-of-life. This offering empowers businesses to manage their migration strategies on their own timelines while mitigating risks associated with vulnerabilities and compliance.
How much funding has Herodevs raised?
Herodevs has raised a total of $125M across 1 funding round:
Private Equity
$125M
Private Equity (2025): $125M with participation from PSG Equity
Key Investors in Herodevs
PSG Equity
PSG Equity, also known as Providence Strategic Growth Capital Partners L.L.C., is a private equity firm established in 2014. Based in Providence, Rhode Island, the firm specializes in investment services with a strategic growth focus across the media, communications, education, and information industries.
What's next for Herodevs?
The substantial enterprise-level funding indicates HeroDevs is poised for significant scaling and market penetration. This strategic investment will likely fuel further development of their support solutions, expansion into new technology verticals, and enhancement of their global service delivery capabilities. The company's focus on maintaining legacy systems while enabling future-ready transitions positions it for sustained growth in an evolving enterprise IT landscape.
See full Herodevs company page
