Sonatype Completes $30M Equity and Debt Financing

sonatype_logoSonatype, a Fulton, MD-based software supply chain automation company, completed a $30m equity and debt financing.

The round was led by Goldman Sachs’ Principal Strategic Investments Group, with participation from current investors.

The company intends to use the funds to accelerate sales, marketing, product development, and international market opportunities.

Led by Wayne Jackson, CEO, Sonatype provides companies with solutions to better manage the distribution, automation, and integration of components used across the software supply chain.
Last year, developers requested more than 30 billion components from Sonatype’s Central Repository to manufacture software applications. Additionally, more than 90,000 organizations use the company’s Nexus solutions to manage reusable components and improve the security, quality and speed of their software supply chains.

FinSMEs

04/02/2016

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