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Network World Names Veracode to "Top 10 Security Companies to Watch" List
Veracode SecurityReview(R), Which Integrates Static Binary Code and Dynamic Web Application Analysis, Secures Industry Accolades
| Source: Veracode
BURLINGTON, MA--(Marketwire - October 23, 2007) - Veracode
Inc., the industry's first provider of automated, on-demand software security testing and
assessment solutions, announced it has been named to Network World's "Top 10 IT Security Companies to Watch" list.
Published in the October 15th issue, Veracode was selected as one of top 10
security newcomers worth watching for its application security testing
on-demand service.
Recognition in Network World is one of several honors Veracode has received
since launching at the RSA Conference in February. The Company was
recently named to Dark Reading's list of the 10 Hottest
Security Startups and was a "Best New Company" finalist at the American Business
(Stevie) Awards. Not only is the company receiving accolades for its
software security aptitude,
but Veracode's senior management has been honored as well. This month,
Veracode CEO Matt Moynahan was named to the Boston Business Journal's "40 Under 40," which
annually recognizes emerging business leaders in Greater Boston.
Veracode first entered the market with its introduction of Veracode
SecurityReview®; the industry's first automated, on-demand software security testing and
assessment solution. SecurityReview provides organizations with a fully
automated, independent assessment of an application's security posture and
the operational risk it poses to an organization. Veracode SecurityReview
delivers the fastest, most complete and most accurate application
vulnerability assessment and code analysis in the industry by combining
patented binary code
analysis with dynamic web security
testing to analyze 100 percent of an application.
"The majority of vulnerabilities today reside in an organization's
software. As an on-demand solution that can assess static and dynamic web
applications, Veracode is better positioned to help solve application
security problems without the need to invest in software licenses,
infrastructure and maintenance resources," said Matt Moynahan, CEO.
"Recognition from Network World, a mainstay among IT publications, is both
an honor and affirmation that the industry is ready for a safer, more
effective alternative to traditional code scanning."
With no need to disclose proprietary source code of tested applications and
because it covers 100 percent of code including libraries and components,
Veracode helps software development shops and enterprises that need to test
existing applications, or applications being considered for purchase. No
exposure of intellectual property is necessary. Businesses can also test
and rate software before deploying it in house -- as part of a secure
procurement process. Veracode is able to provide secure, confidential code
analysis, in addition to giving customers direct access to the expertise of
the world's top application security experts.
ABOUT VERACODE
Veracode is the industry's first provider of automated, on-demand
application security solutions. Created by a world-class team of
application security experts, the company delivers services to identify
software flaws introduced through coding errors or malicious intent.
Veracode's core service, SecurityReview® uses patented binary code
analysis and dynamic web analysis that is uniquely able to inspect entire
application inventories, including components, and does not require
companies to expose their valuable source code. Enterprises can now protect
their intellectual property while preventing attacks allowed by
vulnerabilities in applications.
As the most accurate and comprehensive solution, Veracode makes it simple
and cost-effective to implement application security best practices and
reduce operational costs related to manual reviews. Whether a company is
developing applications internally or purchasing software, Veracode's
SecurityReview provides insight to the security level of your applications.
Outsourcing code analysis to Veracode is the easiest way to secure your
software. With a pragmatic approach to application security, Veracode helps
you fix what matters most to your business.
Based in Burlington, Mass., Veracode is backed by .406 Ventures, Atlas
Venture and Polaris Venture Partners. www.veracode.com