CodeSecure, Inc.
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CodeSecure, Inc. - overview
Established
1988
Location
Bethesda, MD, US
Primary Industry
Software
About
Based in Maryland, US, and founded in 1988, GrammaTech’s Application Security Testing Software Business, which has been rebranded as CodeSecure, Inc. , offers SAST (Static Application Security Testing) solution that enables developers to create and release high quality, secure software. Based in Maryland, US, and founded in 1988 led by CEO Mike Dager, GrammaTech’s Application Security Testing Software Business, which has been rebranded as CodeSecure, Inc. , offers SAST (Static Application Security Testing) solution that enables developers to create and release secure software.
In September 2023, Battery Ventures acquired GrammaTech’s Application Security Testing Software Business from GrammaTech, Inc. As part of the transaction, the company was rebranded to CodeSecure, Inc. In June 2025, Battery Ventures announced that CodeSecure, Inc. and Ada Core Technologies Inc.
would combine to now operate under the CodeSecure, Inc. /Ada Core Technologies Inc. brand. The company provides products such as CodeSonar and CodeSentry that assist organizations in developing and releasing secure software solutions to trace and detect harmful defects and exploitable weaknesses that cause system failures, enable data breaches, and increase corporate liability.
Primary Industry
Software
Sub Industries
Monitoring & Security Software, Application Integration Software, Analytics & Performance Software
Website
www.codesecure.com
Verticals
Cloud Computing
Total Amount Raised
Subscriber access only
CodeSecure, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | CodeSecure, Inc. | - |
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