# RIPS Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rips-technologies

- Industry: IT Security/Cybersecurity
- Headquarters: Bochum, Germany
- Website: www.ripstech.com
- Latest round: Series A (Oct 2, 2018)
- Investors on record: 1

## About

RIPS Technologies GmbH provides advanced code security solutions, focusing on static application security testing and software composition analysis, empowering organizations to secure their codebases effectively.Founded in 2016 in Bochum, Germany, RIPS Technologies GmbH specializes in code security solutions. The company was acquired by SonarSource S.A, a subsidiary of Insight Partners, in May 2020. The firm has pursued three funding deals since its inception, with the most recent concluded in May 2020.RIPS Technologies specializes in integrated code security solutions, primarily through its flagship product, SonarQube. This platform has undergone various iterations since 2008, offering capabilities such as Static Application Security Testing (SAST), Software Composition Analysis (SCA), Infrastructure as Code (IaC) scanning, and secrets detection. It supports over 30 programming languages and frameworks, including Java, JavaScript, Python, and C#, and is utilized by over 7 million developers and more than 400,000 organizations across diverse industries, ensuring compliance and security in software development.RIPS Technologies generates revenue primarily through subscription models for its products, including SonarQube Server and SonarQube Cloud. Clients engage in annual subscriptions or licenses for continuous codebase inspection and cloud-based static analysis tools tailored for CI/CD workflows. The pricing model includes tiered plans based on deployment scale and required features, facilitating ongoing client engagement through support and updates.RIPS Technologies plans to enhance its product offerings with new tools designed for broader market needs. The company is also looking to expand geographically, targeting markets in North America and Asia by 2023. The acquisition by SonarSource will aid in leveraging additional resources to support these initiatives, with funding from the latest deal providing capital for technological advancements and market outreach.

## Funding rounds

- Series A, Oct 2, 2018 — eCAPITAL
- Seed, Jul 18, 2017 — eCAPITAL

## Investors

- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Seed, Series A