CodeSecure, Inc./Ada Core Technologies Inc.
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CodeSecure, Inc./Ada Core Technologies Inc. - overview
Location
-, -, US
Primary Industry
Software
About
CodeSecure, Inc. /Ada Core Technologies Inc. specializes in high-integrity software development tools, focusing on security testing and assurance for critical industries like avionics and automotive. CodeSecure, Inc.
is a technology firm based in the US that provides integrated software development tools. Recently, in June 2025, CodeSecure was merged with AdaCore Technologies Inc. after Battery Ventures acquired both companies. The merger is aimed at enhancing the capabilities of the combined entity and accelerating growth.
The specific headquarters location is not mentioned, and there are no details about the company's founder or CEO available. CodeSecure offers a suite of high-integrity software development tools as part of AdaCore, which includes CodeSonar, an application security testing platform. CodeSonar specializes in static and dynamic analysis for programming languages such as Ada, SPARK, C/C++, and Rust. Its tools are designed for industries that require stringent security and reliability standards, including avionics, automotive, defense, medical, rail, security, and space.
The client base extends across North America, Europe, and Asia, where organizations implement secure programming and compliance best practices. CodeSecure's revenue model predominantly relies on subscriptions and licensing for its software products, specifically the CodeSonar platform. Clients typically enter into annual licensing agreements that provide software access, technical support, and updates. Additionally, AdaCore offers training and mentorship services that contribute to revenue.
Pricing for these services is tailored to client needs and aligns with the software's capabilities in enhancing security and development efficiency. Following the merger in June 2025, CodeSecure plans to launch new products aimed at further enhancing its software development capabilities. Specific details on new product releases were not disclosed. The company is looking to expand its presence in additional markets, particularly targeting regions in Europe and Asia by 2026.
The recent merger and acquisition activities will support these growth initiatives, enabling the company to enhance its technological capabilities and accelerate market expansion.
Primary Industry
Software
Sub Industries
Consulting Services, Web Development, Analytics & Performance Software, Application Integration Software, Monitoring & Security Software
Website
www.adacore.com/codesecure/
Verticals
Cloud Computing, Cloud Computing
Total Amount Raised
Subscriber access only
CodeSecure, Inc./Ada Core Technologies Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Company Formation | Announced | CodeSecure, Inc./Ada Core Technologies Inc. | - | ||||||||
| Add-on | Completed | Ada Core Technologies Inc. | - | ||||||||
| Add-on, Corporate Carve Out, Trade Sale | Completed | CodeSecure, Inc. | - |
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