TA Associates to invest $1.09bn in Veracode.

TA Associates, a global growth private equity firm, agreed to invest $1.09bn in Veracode, a global provider of application security solutions. Financial terms were not disclosed. "What we do has never been more crucial. The confluence of digital transformation, software supply chain complexity, and the strengthening regulatory environment places software security firmly in the spotlight. We’re grateful for Thoma Bravo’s partnership over the last three years and look forward to our next chapter with TA. Together, we aim to accelerate our vision to deliver the most comprehensive software security platform that caters to the needs of both development teams and security teams by enabling them to build and deliver secure software at the speed that business demands," Sam King, Veracode CEO.