Veracode

Veracode is the leader in on-demand application risk management solutions. Its ultimate goal is to bring the software industry to a higher standard of development, evaluation and procurement of software.

Veracode was the second company I helped start while at Polaris. Together with fellow VC Jeff Fagnan and Maria Cirino (who wasn’t a VC then but started .406 Ventures since) I helped lead founds Christien Rioux a.k.a. DilDog and Chris Wysopal a.k.a. Weld Pond (originally from @Stake and the L0pht before) spin out from Symantec and completely revamp their product roadmap and business model. The process took over a year but was well worth it. We made the investment in March of 2006. Maria jumped in as acting CEO. We recruited Matt Moynahan soon after to run the company.

Veracode was my first experience with building a technology-leveraged services company with SaaS as the solution delivery vehicle.