SALT LAKE CITY, UT, HeroDevs today announced it has secured a $125 million strategic growth investment.
HeroDevs, a leading provider of security and compliance solutions for deprecated open source software (OSS), today announced it has secured a $125 million strategic growth investment from PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth. Existing investor Album also participated in the growth investment round.
HeroDevs is a trusted leader in providing secure, never-ending support for deprecated open-source software. The company's mission is to keep these critical technologies running smoothly, securely, and in compliance long after their official end-of-life. From AngularJS to .NET and Spring, HeroDevs Never-Ending Support (NES) solutions give businesses the freedom to plan migrations on their terms while staying protected against vulnerabilities and compliance risks.
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