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Veracode secures significant growth investment from TA Associates at USD2.5bn valuation

TA Associates (TA), a global growth private equity firm, is to make a significant growth investment in Veracode, a global provider of application security solutions.

Veracode’s current majority investor, softwares investment firm Thoma Bravo, will retain a minority position in the business. The transaction, which values Veracode at USD2.5 billion, is expected to be completed in Q2 2022, subject to customary closing conditions.

An eight-time leader in the Gartner Magic Quadrant for Application Security Testing, Veracode offers a comprehensive software security platform that empowers organizations to deliver secure software at scale and with unmatched speed.

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