Maryland-based software company, Sonatype, secured a $30m debt and equity investment led by Goldman Sachs. The large institution viewed Sonatype's product as central to the company's mission, verifying that open sourced components are safe and up-to-date.
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Sonatype Snares $30 Million Investment Led By Goldman Sachs
“Today, open source components underpin a vast majority of our most mission-critical applications at the firm. As we work to build, maintain and update these applications, we must also ensure that we are using the highest quality open source components at every stage of the development cycle,” Don Duet, co-head of Technology at Goldman Sachs said in a statement.
