Sonatype, secured a $30m debt and equity investment led by Goldman Sachs. GS sees Sonatype's product as central to the company's mission, verifying that open sourced components are safe and up-to-date.
Sonatype, a company that helps customers create automated, policy-driven software component security, announced a $30 million round today led by Goldman Sachs. The investment was a mix of debt and equity financing and was handled by Goldman’s Principal Strategic Investments Group, rather than Goldman’s venture capital arm, Sonatype CEO Wayne Jackson explained. Although this may seem a subtle distinction, he says that Strategic Investments only makes investments in products that are central to the company’s mission (as the name implies), whereas the venture arm makes lots of different kinds of investments. Sonatype works to ensure that open source components used in much of Goldman’s (and just about every company’s) software are safe and up-to-date in an automated fashion.