Veracode Continues Strong Growth and Business Momentum
Year underscored by progress integrating security into developer workflows and recognition for innovation by leading research firms and customers
Veracode, the largest global provider of application security testing (AST) solutions, continues to accelerate its leadership position in the market, closing 2020 with 13 percent revenue growth YoY – nearly five percent greater than forecasted industry growth. The company has propelled its performance above the “rule of 40”, a key success metric for SaaS businesses (growth rate plus profit margin), demonstrating solid execution of a best-in-class software company. Other milestones include the launch of new innovative solutions and additions to its executive team.
“In 2020, we continued to expand our efforts to help customers find and fix code vulnerabilities by investing in integrations with cloud platform providers and development tools, supporting DevOps automation initiatives, and launching new solutions for developer enablement”
Acceleration of Cyberattacks is Increasing Awareness and Growth of Software Security
Cybersecurity breaches and incidents are becoming more prominent and dangerous. Companies are increasingly mindful of these threats and scanning more frequently. In 2020, Veracode scanned more than 11 trillion lines of code and helped fix more than 16 million flaws, reflecting a nearly 100 percent increase in lines of code scanned and a 10 percent increase in flaws fixed year over year. These statistics signal that Veracode customers are increasingly “shifting security left” in their software development lifecycle (SDLC).
Recommended AI News: DH2i Pre-Pandemic State of VPNs Survey Reveals Inadequate Security Number One VPN Pain Point
Demand for scanning and detecting open source vulnerabilities accelerated in 2020, as customers increasingly adopted Veracode Software Composition Analysis (SCA). Veracode SCA bookings grew 25 percent YoY in 2020. According to the company’s State of Software Security Open Source report, more than 70 percent of applications have an open source vulnerability.
“In 2020, we continued to expand our efforts to help customers find and fix code vulnerabilities by investing in integrations with cloud platform providers and development tools, supporting DevOps automation initiatives, and launching new solutions for developer enablement,” said Sam King, CEO of Veracode. “We have also established a track record of business profitability while continuing to innovate and lead the market. No other software security vendor provides the depth and breadth of scanning with integrations and automation throughout the software development lifecycle, best-in-class low false positive rates, ability to scale, and remediation support within a single platform.”
Innovation in Action
In line with the company’s mission to help make code secure from the start, Veracode focused efforts on integrating security more tightly into developer workflows – resulting in the ability for customers to both find and fix flaws earlier in the SDLC. Notable 2020 achievements include:
- Achieving AWS DevOps Competency Status, the release of GitHub Actions and integrations with GitLab and Atlassian/Jira.
- Streamlining testing across the entire SDLC within a single solution, providing real-time feedback and remediation guidance to find and fix flaws with IDE, Pipeline, and Policy Scan.
- Providing publicly available resources for developers including remediation guidance, Vulnerability database, and AppSec knowledgebase.
- Adding support for 11 new static frameworks, vulnerable methods for JavaScript in SCA, and expanded container scanning to operating systems including Debian, Ubuntu and Alpine.
- Setting the bar for modern developer enablement with Security Labs, introduced early last year, and subsequently releasing Security Labs Community Edition, a complimentary solution that allows developers to patch real applications in a lab-based environment.
Recommended AI News: AI.Reverie Grows Business by Over 3X in 2020 as Demand Spikes for Synthetic Data
Customer and Analyst Accolades
- Veracode was named a Leader in the Forrester Research Static Application Security Testing (SAST) WAVE Q1 2021, citing “Veracode has invested in the Developer Experience” and “Prioritization is a strength, with Veracode’s graphical representation of code flaws according to risk and ease of fix unmatched in the market.”
- TrustRadius selected Veracode as a first-place winner in its 2021 Best AppSec Feature Set and Best AppSec Customer support categories. TrustRadius reviews include many insightful customer testimonials from Veracode customers.
- Gartner Peer Insights named Veracode a 2020 Customers’ Choice for Application Security Testing, following the company being named a leader for the 7th consecutive year in the Gartner Magic Quadrant for Application Security Testing.
- Veracode was named a 2020 Cybersecurity Excellence Gold Winner in the software category by Cybersecurity Insiders.
- Cybercrime Magazine named Veracode one of the 10 Hot Application Security Companies to Watch in 2021.
- In October, Veracode and CEO Sam King were honored by The Commonwealth Institute and The Boston Globe as one of the Top 100 Women Led Businesses in Massachusetts in 2020, ranking number one among all software companies.
Extended Executive Leadership
In the second half of 2020, Veracode added two industry veterans to its esteemed leadership team: Mark Bissell was appointed Chief Customer Officer, and Brian Roche as Senior Vice President, Engineering and Cloud Operations.
Bissell leads Veracode’s post-sales strategy and customer operations, enabling customers to get the most value from their investment in Veracode. Bissell joined Veracode from Jibe, Inc. where he was COO and previously served in many roles at SuccessFactors. Roche leads the engineering team at Veracode and has more than 20 years in engineering leadership roles at companies such as EMC, Cognizant, and most recently at Medidata.
Recommended AI News: Sojern Expands Leadership With Nancy Koshiyama
Hello! This post could not be written any better!
Reading this post reminds me of my previous room mate! He always
kept talking about this. I will forward this post to him. Pretty
sure he will have a good read. Thank you for sharing!
It’s an amazing post for all the online viewers; they will get advantage from it I am
sure.
Very good info. Lucky me I discovered your website by accident (stumbleupon).
I’ve saved as a favorite for later!
Hola! I’ve been following your site for a while now
and finally got the bravery to go ahead and give you a shout out from Houston Tx!
Just wanted to mention keep up the fantastic job!
It’s an remarkable paragraph designed for all the internet viewers; they
will get advantage from it I am sure.
Thanks for sharing such a good opinion, paragraph is fastidious, thats why i have read it entirely
bookmarked!!, I love your website!
This website was… how do you say it? Relevant!! Finally I have found something that helped me.
Thank you!
Pretty section of content. I just stumbled upon your website and in accession capital to assert that I get
in fact enjoyed account your blog posts. Anyway I’ll be subscribing to
your augment and even I achievement you access consistently rapidly.
Keep this going please, great job!
Normally I don’t read post on blogs, but I would like to say that this write-up very compelled me to check out
and do it! Your writing taste has been surprised me.
Thank you, very nice post.
Copper wire scrap Global Copper scrap market Metal reclamation
Methods for recycling Copper cable, Metal scrap reclaiming services, Scrap copper transportation
знак зодиака кенма карта недели смерть,
таро: карта смерти дата выхода
тест какое экзотическое животное тебе подходит, тест
какая ты планета солнечной системы
туз кубков и паж пентаклей к чему снится, что человек
ослеп, ослепнуть во сне исламский сонник
medicijnen prijs in Zwitserland Teva Aosta Acheter médicaments en ligne sans prescription Belgique
prezzo del farmaci senza ricetta in Italia Liomont Miranda farmaci autentico disponibile online
запах тела мужчины, кислый запах тела у женщин меню перед мрт малого таза, клизма перед
мрт малого таза репродуктивті жүйе,
репродуктивті жүйе қызметінің бұзылуы шахмат ойыны реферат,
шахмат ойыны эссе
елдің асыл тірегі ата заң, ата заң неше баптан тұрады мен әйелмін текст, қарақат мен әйелмін скачать шығармашылық жұмыс
тақырыптары ағылшын тілінен, шығармашылық тақырыптар қазақ тілінен журнал инструктажа на
рабочем месте скачать, журнал инструктажа по технике безопасности скачать
кенжебек нурдолдай биография семья, кенжебека нурдолдай текст
песни аққу арман, арман мен арман текст дыбыс биіктігі музыка,
ультрадыбыс пен инфрадыбыстың адам және жануарлар ағзасына әсері муниса бир турли скачать mp3, нурбакыт минези бир турли
скачать
маркировка аккумуляторов барс, аккумулятор кайнар 75 цена как поступить в назарбаев
университет на грант, как поступить на foundation в ну батыс алтай жануарлары, батыс алтай
қорығы құрылу мақсаты кесіндінің
ұштары деген не, қандай сан аралығы кесінді деп
аталады
зона отдыха релакс балхаш, зона отдыха достар балхаш сөйлем
ішінде қойылатын тыныс белгілер үтір,
сөйлем және мәтін деңгейінде қойылатын тыныс белгілер philips series 5000 цена, philips aquatouch развитие айти в казахстане, it-рынок казахстана
Tabletas, ¿dónde puedo comprar? pfizer Portico di Caserta compra de medicamentos en São Paulo
Medikamente in der Schweiz erhältlich Sanofi Elsloo Legale manieren om medicijnen zonder voorschrift te kopen
алтын сака олимпиада задания прошлых лет, алтын сака олимпиада задания
прошлых лет 4 класс алғыс айту күні
оқушыларға тілек, алғыс айту қанатты сөздер марафон регистрация, алматы марафон фото мақта сөзінің мағынасы, касиби создер мысал
қаиырлы таң достар абайдын канша
кара сози бар, абайдын 45 кара сози түске байланысты мінезді анықтау,
түстер психологиясы тренинг алматы капчагай расстояние, алматы –
узынагаш расстояние
керей и жанибек кратко, жанибек хан руы поезд 106 та расписание, поезд
106 та отзывы отбасы құндылықтары әңгіме, отбасы құндылықтары әдеби эссе 5 тапсырма сұрақтарға жауап беріңдер, 1
тапсырма сұрақтарға жауап беріңдер
имя ария ласково, ария имя православное рыцарь пентаклей и 3 мечей, рыцарь
пентаклей чувства мужчины и снится нам не
рокот скачать рингтон
точный гороскоп для рака на август
подкова оберег своими руками фото
как открыть категорию с в казахстане,
как получить категорию а, если есть б
казахстан поезд атырау – астрахань время,
новый поезд атырау – астрахань cherokee медицинская
одежда алматы, медицинская одежда infinity ректор ену 2022, новый ректор ену
космогонические орнаменты, символом весны и молодости в орнаменте у
казахов был цвет психология қазақша кітаптар тізімі,
психология кітаптар скачать картотекалар балабақшада,
картотека балабақша кіші топ
куран сурелери, куран багыштау дугасы текст
дистанционная работа на украине моя смена подработка москва вакансии для женщин как заработать деньги школьнику сидя дома без вложений
на телефоне удаленная работа на дому наборщик текстов с вложением
подработка школьник владивосток подработка
великие луки вк работа в поддержке
удаленно подработка для студента волгоград
красноармейский район
радио атмосфера сайт, шалкар радио прямой
эфир 19 ғасыр әдебиеті кітап, 19 ғасырдағы қазақ әдебиеті слайд іш босататын дәрі ретінде қолданылады,
пайдалы өсімдіктер эссе
коньки хоккейные мужские, коньки хоккейные профессиональные
арыстанды қарабас желі
тигізетін әсері, арыстанды қарабас желі
аңыз жол жүру ережесі 2022 кітабы
скачать, жол жүру ережесі туралы заң 2023 тұлғаның
мотивациялық сферасы, мотивациялық сфераны
жалпы ұйымдастыру кішкентай баланың аяғы неге ауырады