What is Veracode?
Headquartered in Burlington, Massachusetts, Veracode provides a robust SaaS-based application security platform. Since its inception in 2006, the company has focused on integrating automated security analysis directly into the software development lifecycle. By enabling developers to identify and remediate vulnerabilities early, Veracode addresses the critical need for secure code in an era of rapid digital transformation. Its market position is defined by its ability to scale security operations for large enterprises, effectively bridging the gap between development speed and rigorous risk management.
How much funding has Veracode raised?
Veracode has raised a total of $114.3M across 6 funding rounds:
Series A
$7.5M
Series B
$19.5M
Series C
$5M
Private Equity
$12.3M
Private Equity
$30M
Private Equity
$40M
Series A (2006): $7.5M with participation from Polaris Partners and Atlas Ventures
Series B (2007): $19.5M led by Atlas Venture, .406 Ventures, and Polaris Partners
Series C (2009): $5M supported by In-Q-Tel, Atlas Venture, .406 Ventures, Polaris Partners, Rovi Corporation, and Symantec Corp
Private Equity (2010): $12.3M, investors not publicly disclosed
Private Equity (2012): $30M backed by Startup Capital Ventures, Meritech, Atlas Venture, and .406 Ventures
Private Equity (2014): $40M with participation from Wellington Management, Atlas Venture, and .406 Ventures
Key Investors in Veracode
Atlas Venture
Atlas Venture is a pioneering early-stage venture capital firm focused on creating and building breakthrough biotechnology companies that translate cutting-edge science into life-changing medicines.
.406 Ventures
.406 Ventures is a venture capital firm that partners with early-stage companies demonstrating home run potential, particularly in the fields of healthcare, data and AI, and cybersecurity.
Polaris Partners
Polaris Partners is a venture capital firm that specializes in backing transformational companies in the biotech and healthcare sectors, providing coaching and resources for growth.
What's next for Veracode?
Given the context of major enterprise-level funding, Veracode is well-positioned to accelerate its product roadmap and expand its global footprint. The firm is likely to prioritize the enhancement of its cloud-native security capabilities and the integration of advanced threat intelligence. As organizations continue to face sophisticated cyber threats, Veracode's strategic focus will likely remain on deepening its penetration within the enterprise segment, leveraging its established reputation to capture further market share in the evolving application security domain.
See full Veracode company page
