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Advent International and General Catalyst led a $412m investment in SonarSource.

Synopsis

Advent International, a private equity firm, and General Catalyst, a venture capital firm, led a $412m investment in SonarSource, a developer of coding software, with participation from Insight Partners and Permira. “SonarSource is an outstanding business that has positioned itself as a category-defining leader in clean code, with a trusted reputation among developers and a truly differentiated solution. We are thrilled to partner with Olivier and the SonarSource team as they build a major platform within the software development ecosystem, accelerating the rapid growth in their revenue and user community," Bryan Taylor, Advent Head of Technology Investment Team and Managing Partner.

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