Tuesday, July 29, 2008

Veracode Gets Investment from CIA’s Venture Fund - Burlington, MA

Veracode, a Burlington-based provider of software application security testing technology, announced on Tuesday that it has received a strategic investment from In-Q-Tel, the strategic investment firm that identifies technology to support the mission of the U.S. intelligence community. Veracode is also backed by .406 Ventures, Atlas Venture and Polaris Venture Partners. The company said it will use the new investment from In-Q-Tel to accelerate specific research areas for governmental, commercial and open-source applications to further enhance its subscription-based application security products. Terms of the investment were not disclosed.



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