Veracode Receives Growth Investment from TA Associates
- Veracode, a Burlington, MA-based global provider of application security solutions, received a growth investment from TA Associates
- The amount of the deal was not disclosed
- The company’s current majority investor, Thoma Bravo, will retain a minority position in the business
- The transaction, which values Vera code at $2.5B, is expected to be completed in Q2 2022, subject to customary closing conditions
- The company offers a comprehensive software security platform that empowers organizations to deliver secure software at scale and speed
- The company is hiring talent in engineering, product management, marketing, sales, and customer success to add to the more than 725 team members around the world
