What is Herodevs?
HeroDevs is a recognized leader in providing enduring, secure support for deprecated open-source software. The company's core mission is to ensure these vital technologies remain operational, secure, and compliant long after their official end-of-life. Offering Never-Ending Support (NES) solutions for a range of software including AngularJS, .NET, and Spring, HeroDevs empowers businesses to manage their migration timelines effectively 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 an investment firm established in 2014. Based in Providence, Rhode Island, it specializes in private equity and strategic growth investments, with a particular focus on the media, communications, education, and information technology sectors.
What's next for Herodevs?
The substantial enterprise-level funding indicates HeroDevs is poised for significant scaling and further development of its support infrastructure. This capital injection will likely fuel expansion into new markets, enhance its service offerings for legacy systems, and potentially accelerate research into proactive security measures for aging software. The strategic nature of the recent investment suggests a focus on strengthening partnerships and solidifying its market dominance in the niche but critical area of long-term open-source software support.
See full Herodevs company page
