Sonatype Receives $80M Investment from TPG

sonatypeSonatype, a Fulton, MD-based automated open source governance company, received an $80m minority investment.

The round was led by TPG, with participation from existing investors Accel, Goldman Sachs Group and Hummer Winblad.

The company intends to use the capital to accelerate sales, marketing, and R&D investments, fund strategic corporate objectives, and expand its Nexus platform offerings now used by more than 10 million software developers and 1,000 enterprises worldwide.

Led by Wayne Jackson, CEO, Sonatype provides more than 10 million software developers with a platform that combines in-depth component intelligence with real-time remediation guidance to automate and scale open source governance across every stage of the modern DevOps pipeline.

FinSMEs

10/09/2018

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