Veracode Named One of Boston's Hottest Tech Companies by BostInno

BURLINGTON, Mass. – March 26, 2013 - Veracode, Inc., the leader in cloud-based application security testing, today announced that the company has been named to BostInno's first-ever 50 on Fire list, recognizing the city's inventors, disrupters, luminaries, and newsmakers across all industries in Boston. Veracode was ranked among the top 50 B2B technology companies in recognition of its growth and innovation.

Veracode, which delivers services that secure the world's software, has achieved 78 percent year-over-year revenue growth over the past year, and became one of the hottest places to work in the Boston area, growing its employee base 73 percent year-over-year in 2012. The company was recently named the 20th Most Promising Company in America by Forbes.

"It's an exciting honor to be recognized by BostInno as one of the city's best technology companies,said Bob Brennan, CEO of Veracode. There is no shortage of innovative companies in this region, and we take great pride in this recognition. It further validates the work of our employees and recognizes our solid growth, which is driven both by the critical need of software security and by our innovative approach to delivering this.

50 on Fire finalists were selected based on a list of criteria created by the BostInno team, including user or revenue growth, innovation and contributions to the Boston community. Inclusion on the list is based on the expertise of anonymous judges as well as BostInno's community of readers.The complete list of nominees as well as a slide show of the top 50 from each category can be viewed here.