HeroDevs Secures $125M Investment to Fortify Open-Source Security
July 26, 2025, 9:33 am
HeroDevs, a Salt Lake City pioneer, recently clinched a $125 million strategic investment from PSG. This massive capital injection, with participation from existing investor Album, targets critical vulnerabilities in deprecated open-source software. The funding fuels their Never-Ending Support solutions, ensuring enterprise security, compliance, and operational continuity for essential, yet unsupported, digital infrastructure. HeroDevs also launched a $20 million Open Source Sustainability Fund, fostering a more secure and resilient software ecosystem. This move addresses escalating cybersecurity risks tied to widespread open-source use, especially with AI adoption.
Salt Lake City-based HeroDevs has achieved a monumental financial milestone. The company secured a $125 million strategic growth investment. PSG led this significant funding round. Existing investor Album also participated. This capital infusion marks a pivotal moment. It targets a pervasive challenge in the digital landscape: vulnerable open-source software.
Open-source software (OSS) powers much of the modern world. It forms the backbone of countless enterprise applications. Yet, a significant portion of this critical infrastructure relies on deprecated projects. Deprecated software is no longer officially supported. Original developers cease updates. This creates immense risk. Security vulnerabilities go unpatched. Bug fixes never arrive. Compliance issues mount. Enterprises face a costly dilemma. Upgrading legacy systems is time-consuming. It is expensive. Continuing to use outdated OSS invites disaster.
HeroDevs offers a compelling solution. They specialize in Never-Ending Support (NES). Their mission is clear. They keep critical technologies running. They ensure security. They maintain compliance. This support extends long past official end-of-life dates. Their solutions provide seamless replacements. They shield businesses from active threats.
The problem is widespread. A recent industry report highlights the scale. The Black Duck 2025 Open Source and Risk Analysis, by CinchOps Inc., is stark. It analyzed thousands of application codebases. An overwhelming 97% contained OSS components. Applications averaged 911 open-source components. Alarmingly, 86% of these codebases harbored at least one vulnerability. This data underscores the urgent need for HeroDevs' services.
Rapid adoption of artificial intelligence exacerbates these risks. AI relies heavily on open-source libraries and frameworks. This intensifies the use of OSS components. It expands the attack surface. Enterprises must secure their digital assets. HeroDevs directly addresses this growing threat. Their NES solutions provide a vital defense.
The $125 million investment will strengthen these defenses. HeroDevs plans to secure enterprise security stacks. They will bolster their Never-Ending Support solutions. This means more robust protection. It means greater peace of mind for businesses. Companies can plan migrations on their own terms. They remain protected throughout the process. No more rushed, forced upgrades. No more exposure to known exploits.
HeroDevs supports a wide range of critical software. This includes AngularJS. It extends to .NET. It covers Spring frameworks. These are just a few examples. Their expertise spans diverse ecosystems. They ensure continuity for complex, interdependent systems. This capability is invaluable for large organizations.
The company's commitment extends beyond their own services. HeroDevs also announced a major new initiative. They will dedicate $20 million to the HeroDevs Open Source Sustainability Fund. This fund supports the broader open-source community. It aims to foster a healthier ecosystem.
The Sustainability Fund officially launched in June. It is now accepting applications. Developers, creators, and maintainers can apply. Grants range from $25,000 to $250,000. Recipients must demonstrate strong community adoption. They must commit to security best practices. This includes announcing end-of-life intentions responsibly. This fund is a strategic move. It encourages proactive security. It rewards responsible stewardship within the open-source world.
This investment from PSG reinforces HeroDevs' market position. It validates their unique approach. It underscores the critical need for their services. Businesses worldwide grapple with legacy software. They face constant cybersecurity threats. HeroDevs offers a durable solution.
Their work ensures operational resilience. It prevents costly security breaches. It maintains regulatory compliance. This is crucial for industries. Finance, healthcare, and government all rely on secure software. HeroDevs provides a lifeline. They empower organizations. They allow focus on innovation, not vulnerability.
The future of enterprise software demands proactive security. HeroDevs is leading this charge. Their recent funding is more than just capital. It is an investment in stability. It is an investment in security. It is an investment in the future of digital infrastructure. Their solutions are essential. They safeguard the technology that runs the world.
Salt Lake City-based HeroDevs has achieved a monumental financial milestone. The company secured a $125 million strategic growth investment. PSG led this significant funding round. Existing investor Album also participated. This capital infusion marks a pivotal moment. It targets a pervasive challenge in the digital landscape: vulnerable open-source software.
Open-source software (OSS) powers much of the modern world. It forms the backbone of countless enterprise applications. Yet, a significant portion of this critical infrastructure relies on deprecated projects. Deprecated software is no longer officially supported. Original developers cease updates. This creates immense risk. Security vulnerabilities go unpatched. Bug fixes never arrive. Compliance issues mount. Enterprises face a costly dilemma. Upgrading legacy systems is time-consuming. It is expensive. Continuing to use outdated OSS invites disaster.
HeroDevs offers a compelling solution. They specialize in Never-Ending Support (NES). Their mission is clear. They keep critical technologies running. They ensure security. They maintain compliance. This support extends long past official end-of-life dates. Their solutions provide seamless replacements. They shield businesses from active threats.
The problem is widespread. A recent industry report highlights the scale. The Black Duck 2025 Open Source and Risk Analysis, by CinchOps Inc., is stark. It analyzed thousands of application codebases. An overwhelming 97% contained OSS components. Applications averaged 911 open-source components. Alarmingly, 86% of these codebases harbored at least one vulnerability. This data underscores the urgent need for HeroDevs' services.
Rapid adoption of artificial intelligence exacerbates these risks. AI relies heavily on open-source libraries and frameworks. This intensifies the use of OSS components. It expands the attack surface. Enterprises must secure their digital assets. HeroDevs directly addresses this growing threat. Their NES solutions provide a vital defense.
The $125 million investment will strengthen these defenses. HeroDevs plans to secure enterprise security stacks. They will bolster their Never-Ending Support solutions. This means more robust protection. It means greater peace of mind for businesses. Companies can plan migrations on their own terms. They remain protected throughout the process. No more rushed, forced upgrades. No more exposure to known exploits.
HeroDevs supports a wide range of critical software. This includes AngularJS. It extends to .NET. It covers Spring frameworks. These are just a few examples. Their expertise spans diverse ecosystems. They ensure continuity for complex, interdependent systems. This capability is invaluable for large organizations.
The company's commitment extends beyond their own services. HeroDevs also announced a major new initiative. They will dedicate $20 million to the HeroDevs Open Source Sustainability Fund. This fund supports the broader open-source community. It aims to foster a healthier ecosystem.
The Sustainability Fund officially launched in June. It is now accepting applications. Developers, creators, and maintainers can apply. Grants range from $25,000 to $250,000. Recipients must demonstrate strong community adoption. They must commit to security best practices. This includes announcing end-of-life intentions responsibly. This fund is a strategic move. It encourages proactive security. It rewards responsible stewardship within the open-source world.
This investment from PSG reinforces HeroDevs' market position. It validates their unique approach. It underscores the critical need for their services. Businesses worldwide grapple with legacy software. They face constant cybersecurity threats. HeroDevs offers a durable solution.
Their work ensures operational resilience. It prevents costly security breaches. It maintains regulatory compliance. This is crucial for industries. Finance, healthcare, and government all rely on secure software. HeroDevs provides a lifeline. They empower organizations. They allow focus on innovation, not vulnerability.
The future of enterprise software demands proactive security. HeroDevs is leading this charge. Their recent funding is more than just capital. It is an investment in stability. It is an investment in security. It is an investment in the future of digital infrastructure. Their solutions are essential. They safeguard the technology that runs the world.