Fundraising Fox

Veracode, Inc.

acquired by CA Technologies

Burlington, US · Founded 2006 · 500 employees on LinkedIn · 9 known investors

Veracode provides an application security platform for scanning, identifying, and remediating software flaws across the software development lifecycle and supply chain. The company serves enterprises and software development teams seeking to build secure software from development through deployment.

Also known as Veracode

Founders & leadership

Veracode, Inc. was founded in 2006 by Christopher Wysopal.

CW
Christopher WysopalFounder
EG
Edward GoldfingerExecutive
DJDean J. Breda
Dean J. BredainExecutive
RB
Robert BrennanExecutive

Board

RD
Robert D. WardBoard director
MC
Maria CirinoBoard director
LS
Laura SacharBoard director
JF
Jeff FagnanBoard director
JI
James I. Cash, Jr.Board director
RA
Richard A. ClarkeBoard director

Investors · 9

Reported raises · per SEC filings

Form D private placements

$40M disclosed across 1 round · 2014

$40MraisedSep 2014 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward GoldfingerExecutive Officer
  • Robert D. WardDirector
  • Christopher WysopalDirector, Executive Officer
  • Dean J. BredaExecutive Officer
  • Robert BrennanExecutive Officer, Director
  • Maria CirinoDirector
  • James I. Cash, Jr.Director
  • Laura SacharDirector
  • Jeff FagnanDirector
  • Richard A. ClarkeDirector
Offering amount
$40M
Amount sold
$40M
First sale
Aug 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Veracode, Inc. develops an Application Risk Management Platform that identifies security risks across the software development lifecycle, automates the fixing of flaws, and supports governance and compliance reporting. The platform provides security teams with unified visibility across source code, dependencies, containers, and runtime signals, while giving developers remediation guidance and AI-generated fixes inside the tools they already use. Leadership and executive stakeholders are served through governance, reporting, and policy controls intended to demonstrate remediation progress at enterprise scale.

The company positions its offering around four use cases: securing applications that incorporate or are built with AI-generated code, securing the software supply chain including third-party libraries and open-source components, embedding security practices and tooling across phases of the SDLC, and accelerating identification, prioritization, and remediation of flaws. Veracode describes its analysis as combining security research, proprietary data, and AI-driven analysis to reduce false positives and improve prioritization from code through runtime, with an emphasis on reducing accumulated security debt.

Business model

Veracode sells an enterprise application security platform to organizations, with engagement beginning through demo requests and direct sales contact.

Traction

Company-reported figures include more than 1.5 million applications scanned, more than 471 trillion lines of code analyzed, more than 148 million software flaws fixed, and a false-positive rate below 1.1%. Named customers include HDI Global SE and Azalea Health.

Full profile — market position, technology, go-to-market

Market position

Veracode presents itself as a platform used by leading enterprises for application security at scale, citing 1.5 million-plus applications scanned and 471 trillion-plus lines of code analyzed.

Technology

The platform combines security research, proprietary data sets, and AI-driven analysis to scan code, dependencies, containers, and runtime signals. It produces prioritized findings with a stated low false-positive rate and includes Veracode Fix, a capability that suggests or applies remediations, delivered through integrations with developers' existing tools and CI/CD pipelines.

Go-to-market

Direct enterprise sales supported by live demo requests, product tours, and published customer case studies; the platform is designed to integrate into customers' existing development processes and toolchains.

Large enterprises and their security teams, application developers, and C-level executives responsible for application risk, spanning industries such as insurance (HDI Global SE), healthcare software (Azalea Health), and cloud services providers.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Applications scannedJan 20251,500,000 applications
False-positive rateJan 20251.1%
Lines of code analyzedJan 2025471,000,000,000,000 lines of code
Software flaws fixedJan 2025148,000,000 flaws

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Crowdstrike1195 shared keywordsCrowdStrike provides an AI-native cybersecurity platform that unifies endpoint, identity, cloud, SaaS, and AI protection to detect and stop breaches for enterprise organizations. It combines automated response with human-led security operations including managed detection and response, threat hunting, and security services.
Snyk1130 shared keywordsSnyk is a developer-focused security platform that identifies and fixes vulnerabilities in code, dependencies, containers, and cloud infrastructure using AI-powered analysis. The company serves organizations of all sizes looking to integrate security into their software development process.
Sentinel One1054 shared keywordsSentinelOne provides an AI-powered cybersecurity platform for enterprises that integrates endpoint protection, threat detection, and incident response capabilities. The company serves large enterprises, including many Fortune 500 organizations, to protect against cyber threats at scale.
Netezza1026 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Palo Alto Networks822 shared keywordsPalo Alto Networks provides cybersecurity platforms and services to protect organizations' digital infrastructure across cloud, network, and security operations. The company serves enterprise organizations, governments, financial institutions, utilities, and healthcare providers globally.
Check Point Software807 shared keywordsCheck Point Software Technologies is a cybersecurity company providing security products and solutions. This page is its investor relations section, containing annual reports, SEC filings, financial results, and corporate governance information.
Imperva770 shared keywordsImperva provides cybersecurity solutions to protect customers from cyberattacks across applications, data, and identities during digital transformation. The company serves enterprise customers including major financial institutions, telecom providers, and Fortune 100 companies.
Hackerone702 shared keywordsHackerOne operates a platform for coordinating cybersecurity vulnerability disclosures and bug bounty programs. The company connects security researchers with organizations to identify and remediate security vulnerabilities.
Wiz696 shared keywordsWiz provides cloud security platform that identifies and removes critical risks across multi-cloud environments. The company offers a unified security layer for organizations to manage risks and accelerate business operations on major cloud providers.
Splunk670 shared keywordsSplunk offers a unified platform for security and observability that ingests and analyzes large-scale data across hybrid cloud environments. Its tools support security operations centers with analytics and automated response, and help teams monitor application and infrastructure performance.

Companies competing with Veracode, Inc. for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Veracode, Inc. do?
Veracode operates an application risk management platform that finds, prioritizes, and helps remediate software security flaws.
Who founded Veracode, Inc.?
Veracode, Inc. was founded by Christopher Wysopal in 2006.
Who are Veracode, Inc.'s investors?
Veracode, Inc.'s investors include .406 Ventures, Accomplice, Atlassian Ventures, Aviso Ventures, Bright Pixel Capital, Cross Creek Advisors, Dot Capital, Founders Circle Capital and 1 more.
How much funding has Veracode, Inc. raised?
Veracode, Inc. has disclosed $40M raised across 1 round.
Who acquired Veracode, Inc.?
Veracode, Inc. was acquired by CA Technologies.
Where is Veracode, Inc. headquartered?
Veracode, Inc. is headquartered in Burlington, US.