Tuesday, March 10, 2009

Veracode Raises $5 Million in Third Round - Burlington, MA

Veracode, a Burlington-based provider of software security testing services, has raised $5 million in its third round of venture capital, which included funds from Polaris Venture Partners, .406 Ventures and Atlas Venture, according to a report in peHUB Wire, which cited a regulatory filing. Founded in 2006, Veracode offers services for code analysis and dynamic web analysis to assess application security threats including vulnerabilities and malicious code. The company’s service is designed to reduce operational cost and achieve compliance without requiring any hardware, software or training.



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