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Veracode Reviews

Burlington, Massachusetts

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Founded in 2006 by Chris Wysopal and Christien Rioux, Veracode is a premier provider of intelligent software security solutions. Headquartered in Burlington, Massachusetts, the company was established by former engineers from @stake, a security consulting firm famous for employing experts from the hacker collective L0pht Heavy Industries. Veracode has evolved from a trusted scanning tool into a comprehensive, cloud-native application risk management platform. The company operates the Veracode Continuous Software Security Platform, which integrates application analysis into every stage of the modern software development lifecycle. Its core mission is to empower organizations to build, buy, and run secure software by identifying and remediating vulnerabilities from inception through deployment. The platform utilizes advanced AI algorithms trained on a curated dataset from analyzing trillions of lines of code, enabling customers to fix flaws faster and with high accuracy. Veracode's technical suite includes Static Analysis (SAST), Dynamic Analysis (DAST), Software Composition Analysis (SCA), and Interactive Application Security Testing (IAST), alongside manual penetration testing and developer training modules. Financially and operationally, Veracode has a complex history of ownership and growth. Originally a private venture-backed startup that raised over $100 million from investors like Meritech Capital Partners and Wellington Management, it was acquired by CA Technologies in 2017. Following Broadcom's acquisition of CA Technologies in 2018, Veracode was subsequently sold to the private equity firm Thoma Bravo for $950 million. In March 2022, TA Associates acquired the company at a valuation of approximately $2.5 billion. As of 2024, the company is led by CEO Brian Roche, who succeeded Sam King. Veracode serves more than 2,500 customers globally, including major financial institutions and Fortune 100 companies. With an estimated employee count of over 700 and annual revenue reaching approximately $250 million, the company maintains a significant global footprint with legal entities in the United States, the United Kingdom, Germany, and the Czech Republic. It is frequently recognized as a leader in the Gartner Magic Quadrant for Application Security Testing. Beyond its core products, Veracode emphasizes sustainability and ethical governance. The company operates out of a LEED Gold-certified headquarters and integrates ESG frameworks to minimize its environmental impact. By automating security testing and providing actionable insights, Veracode helps businesses manage regulatory compliance and mitigate risk while maintaining the speed and agility required in modern DevOps environments. Through strategic acquisitions, such as Longbow Security and Crashtest Security, Veracode continues to expand its capabilities in automated code remediation and vulnerability management.