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Closing
December 2022
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Sector
Digital Business -
Service
M&A -
Veracode adds advanced dynamic analysis capability with acquisition of Crashtest Security solution
Veracode, a leading global provider of cloud-based application security testing solutions headquartered in the US, has acquired Germany-based software security tool Crashtest Security, a rising developer-oriented dynamic application security testing (DAST) product.
Crashtest Security, based in Munich, Germany, was founded in 2017. The solution can be used to analyze JavaScript-based apps, REST (Representational state transfer) APIs, traditional web apps and automate security testing via integration in the software development pipeline.
The acquisition will enhance the existing DAST capabilities available as part of Veracode’s Continuous Software Security Platform and broaden customer access globally. Veracode will incorporate the Crashtest tool into its existing portfolio, allowing customers to leverage the best aspects of the integrated technology for a 360-degree view of scanning and reporting architecture across all applications.
ConsusPartner advised Crashtest Security GmbH on this transaction.
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Partner
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Transaction overview
Crashtest Security GmbH, Munich, Germany
has sold its business operations to
Veracode, Inc., Burlington, MA, USA,
a TA Associates portfolio company.
We advised Crashtest Security GmbH
on this transaction.
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