SonarSource, a Geneva, Switzerland-based leading platform for clean code, announced that it raised $412 million at a valuation of $4.7 billion.
The round was led by new investors Advent International and General Catalyst, with existing investor Insight Partners participating. Permira’s Growth Opportunities Fund also participated in the round.
SonarSource will use the investment to grow its go-to-market team globally as the company drives toward $1 billion in revenue. The company will use this investment to double its sales force in 2022 and grow its marketing team across existing offices in Geneva, Switzerland; Annecy, France; Bochum, Germany, and Austin, Texas.
Company: SonarSource SA.
Funding Month: April 2022
Lead Investors: Advent International and General Catalyst
Additional Investors: Insight Partners and Permira’s Growth Opportunities Fund
Company Website: https://www.sonarsource.com/
Software Category: Clean Code Solutions
About the Company: SonarSource’s industry-leading solution enables developers and development teams to write clean code and remediate existing code organically, so they can focus on the work they love and maximize the value they generate for businesses. Its open-source and commercial solutions – SonarLint, SonarCloud, and SonarQube – support 29 programming languages. Trusted by more than 300,000 organizations globally, SonarSource is considered integral to delivering better software.