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Coding platform SonarSource valued at $4.7 billion after latest funding

Published by
Reuters UK

By Manya Saini (Reuters) – SonarSource, a coding platform for developers, said on Tuesday it was valued at $4.7 billion after raising $412 million in capital in a new funding round led by Advent International and General Catalyst. Geneva-based SonarSource intends to use the funds to double its salesforce this year and expand the company’s marketing team across its international offices including those in the United States, France, Germany and Switzerland. Olivier Gaudin, co-founder and chief executive officer, said the company is also preparing for public markets. The company, whose customers …

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