VersionEye
VersionEye is a technology company.
Financial History
VersionEye has raised $130K across 1 funding round.
Frequently Asked Questions
How much funding has VersionEye raised?
VersionEye has raised $130K in total across 1 funding round.
VersionEye is a technology company.
VersionEye has raised $130K across 1 funding round.
VersionEye has raised $130K in total across 1 funding round.
VersionEye has raised $130K in total across 1 funding round.
VersionEye's investors include HV Capital.
VersionEye is a technology company that builds tools for open source security and license compliance, monitoring dependencies in software projects for vulnerabilities, outdated libraries, and license violations. It serves developers, teams, and enterprises using package managers like Maven, NPM, PIP, and others across languages such as Java, Ruby, Node.js, Python, and .NET, solving critical problems like security risks from vulnerable dependencies, compliance issues with copyleft licenses (e.g., AGPL), and the drag of outdated components that hinder flexibility and expose systems to threats.[1][2][4] The product offers real-time notifications, API-based scans, CI/CD integrations (e.g., Maven, Gradle plugins to break builds on violations), and dynamic alerts via email or SMS, with a pay-per-use pricing model starting at €1 per file scan after free trials or €50/month subscriptions for higher volume.[2][4]
Growth momentum included early enterprise sales via VM images, a pivot to open-sourcing the core tool in 2016 for transparency and easier distribution, and strategic acquisition by JFrog, whose Xray product integrated VersionEye's database monitoring over 1 million open source projects daily.[1][2][3]
VersionEye was founded by Robert Reiz, who serves as CEO and co-founder, based in Mannheim, Germany. The idea emerged from Reiz's observations tracking software libraries: over 1 million new versions release yearly (90% minor/patch updates), yet teams often lag in adopting them, risking security holes, license issues, and reduced agility.[1][2] Early traction built on a hosted service scanning GitHub, Bitbucket, and Stash repos for 12+ package managers, providing daily/weekly notifications on outdated dependencies, license whitelisting, and aggregated security data from multiple databases.[2]
A pivotal moment came in 2016 when VersionEye open-sourced its continuous updating tool to boost trust, sidestep "black box" concerns in enterprise sales, and shift from VM image delivery to a freemium model selling API access for database syncs and support—everyone gets free code/Docker images, but paid data keeps instances current.[2] This evolved into deeper ecosystem integration, culminating in JFrog's acquisition to power Xray's universal analysis of artifacts, vulnerabilities, and licenses.[1][3]
VersionEye rides the explosive growth of open source software (OSS) in DevOps and CI/CD pipelines, where 90%+ of apps rely on third-party components yet face rampant issues like unpatched vulnerabilities and license traps amid rising supply chain attacks. Its timing aligned perfectly with OSS security mandates (e.g., FedRAMP, enterprise compliance) and the shift to artifact repositories like JFrog Artifactory, enabling impact analysis across containers/binaries.[1][2][3] Market forces favoring it include surging OSS adoption (millions of libraries, frequent minor updates) clashing with update fatigue, plus regulatory pressures for SBOMs and vulnerability scanning—VersionEye's database and integrations address this at scale.[2][4]
By open-sourcing and partnering with JFrog, it influences the ecosystem via Xray's universal visibility, helping orgs trace component relationships, performance impacts, and provenance, thus elevating standards for secure, compliant software delivery.[1][3]
VersionEye's JFrog integration positions it as embedded OSS intelligence in enterprise platforms, with next steps likely expanding to more languages/package managers, AI-driven risk prioritization, and deeper SBOM support amid evolving regs like EU Cyber Resilience Act. Trends like zero-trust supply chains and automated compliance will amplify demand, evolving its influence from standalone notifier to core infrastructure for secure DevOps. As OSS dominates, VersionEye-like tech will be table stakes, tying back to its origins in empowering developers to harness updates without the risks.
VersionEye has raised $130K across 1 funding round. Most recently, it raised $130K Seed in April 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2013 | $130K Seed | HV Capital |