Veracode Snapped Up by CA Technologies in $614 Million Deal

CA Technologies today said it will acquire application security service firm Veracode for $614 million.

Veracode, which celebrates its tenth anniversary this year, launched in 2007 with $19.5 million in venture capital funding and offering the industry’s first automated, on-demand security analysis services via a software-as-a-service (SaaS) platform.

The acquisition by CA is scheduled to close in the first quarter of fiscal year 2018, and is subject to regulatory approval. CA said Veracode will boost its position in the Secure DevOps market.