 Hi everybody, this is Dave Vellante and we're here at the Tug event the seventh annual wine event For great cause but an entrepreneurial ship and we ran into Bob Brennan who's the CEO of Veracode this company There's on-demand security and testing a very interesting cloud models a lot of action going on a lot of buzz in the east coast Bob Thanks very much for spending some time with us great to see you again Dave Yeah, so what's happening with with Veracode give us the bumper sticker on the company and give us an update So we prevent the most common form of attack and we do it by sitting between Software suppliers and their customers large corporation to make them both more effective and secure by Finding their security holes and then plug in the security holes in the applications that those corporations are buying and that those vendors are providing Now you guys provide this as a service, right? Is that that's one of the options, right service? We've actually We've we know more about software security and software vulnerabilities than any other company in the world We've been doing it as a service as long as Tug's been doing this for seven years Yeah, so you know you see a lot of businesses that are kind of traditional businesses Maybe they were done on-premise and then all of a sudden the cloud comes in to start it with CRM But you're starting to see a lot more infrastructure services these days What what's that trend mean? What does that mean for you guys? Well, what it means in general is that you can upload something where you have the ability to learn from all of the customers of That service versus just using it yourself on-site and getting and and knowing what you're doing You can learn what your peer group is doing so we can tell our customers how they compare to other people running similar applications How they compare to other S&P 500 companies how they compare to? You know really we can slice and dice it by any which way because we have an enormous amount of data across 45,000 applications where we've found over four and a half million flaws So we know based on the software you're running whether or not it's secure or not Just by doing a quick pass and creating a heat map. So So is it a disruptive play? I mean you sort of disrupt in the traditional security place But it's different because you're really actually helping you know the development community actually get products off the ground Aren't you? Yeah, we're helping both software providers and their customers become more effective and secure So the disruption for us is we really believe in our bones that we're helping all the technology industry get better And more effective and secure because the world runs on software and that's an inexorable trend That plays right into you know what we're offering so every you know It's it's the beginning of the year every year in December I look back and I say are we more or less secure than we were last year and it feels like we're consistently Less secure the bad guys are getting batter and governments are getting bigger And do you feel like you're attacking the the root of the problem here the root of the problem is the software application It's such a Byzantine layer if you think about codes called code for a reason Right it's developed by many different people over many different generations many different sizes and types of engineers Software developers marketeers putting up websites. So it's an easy layer to attack But it's also a very practical layer to protect and that's what we're setting out to do and why we think we're helping a lot Now where are you as a company? I'll talk about maybe headcount funding, you know IPO anything you want to sort of share with us there So we've we've raised 82 million atlases our founding investor and our largest investor We did 34 million last year. We expect to do 60 this year We're growing at a pretty rapid pace and our headcount right now is 220 and you know We're looking to finish this year around 300. So what do you think about the whole Boston scene? It feels like it's really sort of coagulating around big data You obviously got some some bringing some security mojo to the table It feels like this whole region is really getting back on his feet in a big way Well, it's incredibly fertile ground right it just think about the amount of talent that sits in this area and the opportunity to create Large independent companies given the talent that sits here and in security in particular great company started with RSA, right? Q1 labs ourselves bit 9 rapid 7. It is a great security Roots that are here that we can tap into and allow us to grow our company and really allows to grow the Boston area Which we love it's home for us awesome about thanks for spending a couple of minutes with us great to see you again Nice to see you as well. All right. All right. This is Dave Vellante and we're here at the tug event keep it right there We'll be back with our next guest. This is the Cube and we're in Boston and we're live