CISO Tribune

Vendor comparison · 2 companies

Finite State vs Veracode

Finite State is the Product Security Automation Platform for connected devices, bringing firmware and binary analysis, source intelligence, SBOM management, vulnerability prioritization, and security and compliance workflows into one platform. Veracode sells an Application Risk Management Platform that identifies risks across the software development lifecycle, automates flaw fixes, and simplifies governance and compliance. CISO Tribune files both under Software supply chain security. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Finite State
  • Veracode
Finite State vs Veracode: Products, Customers and Funding Compared
Finite StateFinite State is the Product Security Automation Platform for connected devices, bringing firmware and binary analysis, source intelligence, SBOM management, vulnerability prioritization, and security and compliance workflows into one platform.finitestate.ioVeracodeVeracode sells an Application Risk Management Platform that identifies risks across the software development lifecycle, automates flaw fixes, and simplifies governance and compliance.veracode.com
What it sells
  • Finite State Platform[1]Finite State Platform analyzes firmware, binaries, source code, supplier SBOMs, and third-party findings.
  • Veracode Dynamic Analysis[13]Dynamic scanning for runtime vulnerabilities in web apps and APIs.
  • Veracode Fix[15]AI-powered remediation for in-house code and open-source libraries.
  • eLearning[4][11]Hands-on training to build secure coding skills.
Categories
Headquarters
Columbus, United States[2]Not stated on its pages
Founded
2017[2][5]Not stated on its pages
Ownership and funding
Not stated on its pagesOwned by Thoma Bravo since 2019[2][4][10][14]
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • April 7, 2026Finite State appointed Ann Miller as Vice President of Marketing.[19]
  • February 25, 2026Finite State appointed Sharon Hagi as Chief Security Officer.[9]
  • February 24, 2026Finite State launched the AI Unpacking Evaluation Agent, which rates how completely an uploaded artifact was extracted and gives guidance when unpacking is incomplete.[18]
  • February 23, 2026Finite State appointed Doc McConnell as Head of Policy and Compliance.[8]
  • February 17, 2026Finite State announced an expansion that turns its platform into an autonomous Product Security OS powered by AgentOS.[7]
  • February 5, 2026Veracode announced that its new Annual Contract Value rose 81 percent year over year in the final quarter of 2025.[9]
G2 and Gartner Peer Insights
  • G2: listed, seen November 4, 2026[10]
  • Gartner Peer Insights: Not stated on its pages
  • G2: listed, seen November 4, 2026[10]
  • Gartner Peer Insights: Not stated on its pages
Who it fits
From its own pages, Finite State sells mainly to teams building connected devices, which is how its mission statement frames its audience. Its pages describe workflows meant to help engineering teams, and they describe product security teams that must produce proof for regulators, customers, and partners. Its footer lists solution pages for Device Manufacturers, Automotive, Medical Devices, Energy & Utilities, Government, and Industrial.The company says its platform gives enterprises a clearer view of application risk from code to runtime. The company addresses financial institutions on GLBA compliance. The company addresses healthcare regulations like HIPAA and GDPR. The company addresses developers who want remediation guidance and AI-driven fixes inside the tools they already use.
Last verified
September 27, 2026September 27, 2026

Where they overlap

  • Finite State and Veracode are both filed under Software supply chain security.

Where they differ, field by field

  • Finite State's primary category is Firmware and device supply chain security; Veracode's is Static application security testing.
  • Veracode is also filed under Dynamic application security testing and Software composition analysis.
  • Finite State lists Finite State Platform. Veracode lists Veracode Dynamic Analysis, Veracode Fix and eLearning.
  • Finite State is headquartered in Columbus, United States.
  • Finite State was founded in 2017.
  • Veracode is owned by Thoma Bravo, since 2019.

What it sells: Finite State

What Finite State Platform does[1]
The Finite State Platform generates SBOMs, vulnerability context, reachability insights, and a portfolio-wide record of product risk. Finite State prioritizes vulnerabilities using reachability, exploit intelligence, and product context. It integrates with GitHub Actions, GitLab CI, Jenkins, and existing release workflows.

What it sells: Veracode

What Veracode Dynamic Analysis does[13]
Dynamic application security testing identifies and addresses runtime vulnerabilities in web apps and APIs through simulated attacks. Dynamic scans can be automated or scheduled to match release frequency, compliance, and policy needs. Dynamic scans can cover hundreds of assets across environments, including those behind a firewall.
What Veracode Fix does[15]
Veracode Fix brings AI-powered remediation to the code written in-house and the open-source libraries it depends on. Veracode Fix integrates into the IDE, CLI, or CI/CD tool, with interactive and batch modes.

Questions about Finite State and Veracode

What do Finite State and Veracode sell?
Finite State sells Finite State Platform. Veracode sells Veracode Dynamic Analysis, Veracode Fix and eLearning.
Are Finite State and Veracode in the same category?
They share Software supply chain security. Finite State's primary category is Firmware and device supply chain security and Veracode's is Static application security testing.
Where are Finite State and Veracode headquartered?
Finite State is headquartered in Columbus, United States.
When were Finite State and Veracode founded?
Finite State was founded in 2017.
Who owns Finite State and Veracode?
Veracode is owned by Thoma Bravo, since 2019.
Who are Finite State and Veracode sold to?
From its own pages, Finite State sells mainly to teams building connected devices, which is how its mission statement frames its audience. The company says its platform gives enterprises a clearer view of application risk from code to runtime.
What have Finite State and Veracode announced recently?
April 7, 2026: Finite State appointed Ann Miller as Vice President of Marketing. February 5, 2026: Veracode announced that its new Annual Contract Value rose 81 percent year over year in the final quarter of 2025.

About Finite State

Finite State is the Product Security Automation Platform for connected devices, bringing firmware and binary analysis, source intelligence, SBOM management, vulnerability prioritization, and security and compliance workflows into one platform.[11]

Finite State says its Product Security OS unifies firmware, binaries, source code, and compliance evidence into autonomous, review-gated workflows. The Finite State Product Security OS replaces manual evidence assembly with workflows that transform code, compiled components, firmware, and documentation into continuous security and compliance assurance. Across the Finite State Platform, Assurance Studio, AgentOS, and Finite State Copilot, teams move from firmware, binaries, source, and documentation to SBOMs, VEX, verification evidence, and audit-ready reports.[1][3][4]

The Finite State Platform analyzes firmware, binaries, source code, supplier SBOMs, and third-party findings to generate SBOMs, vulnerability context, reachability insights, and a portfolio-wide record of product risk. Finite State prioritizes vulnerabilities using reachability, exploit intelligence, and product context so teams focus on real exposure. On its home page, Finite State states that 40.5% of findings analyzed for reachability since 2024 were confirmed unreachable. The company also describes SBOMs and software inventory across firmware, binaries, and source code, with support for 50+ binary instruction set architectures.[1][4]

On compliance, Finite State says AgentOS makes compliance a living, continuous workflow, grounded in the same software evidence used for security and risk decisions. Finite State describes exportable evidence packs for CRA, FDA §524B, CE RED, and Cyber Trust Mark. Its compliance workflows include control and requirement mapping, verification planning and evidence collection, audit-ready reports, and release readiness checks such as a what-changed analysis since the previous release.[12]

Finite State describes its CRA managed service as helping manufacturers achieve EU Cyber Resilience Act compliance through automated SBOMs, risk assessments, and continuous vulnerability monitoring. The customer's team remains in control of remediation decisions, regulatory reporting, and product declarations.[13][14]

For integration, Finite State says product security checks can be embedded directly into GitHub Actions, GitLab CI, Jenkins, and existing release workflows. Finite State also points to APIs, CLI tooling, IDE integrations, and ticketing workflows for engineering teams.[1]

Finite State describes its audience as teams shipping connected, regulated products. Its pages address automotive organizations, manufacturers, and medical device manufacturers. Its resource page states that the Product Security OS helps medical device manufacturers meet all six FDA 524B(b) cybersecurity requirements. Finite State lists Sharon Hagi as its Chief Security Officer.[1][3][4][6][14][15][16][17]

Finite State on the record

Sources

Finite State full record

  1. [1]AI-Powered Product Security Platform | Finite State | Finite StateFinite State · undated page, accessed September 27, 2026 · Tier A
  2. [2]Finite state raises 12 5 million to solve one of the biggest problems in cybersecurityFinite State · finitestate.io · undated page, accessed September 27, 2026 · Tier A
  3. [3]Flexible Plans for Every Stage of Product Security | Finite State | Finite StateFinite State · undated page, accessed October 25, 2026 · Tier A
  4. [4]About Finite State – Secure Every Device | Finite StateFinite State · undated page, accessed October 25, 2026 · Tier A
  5. [5]Finite State - The Autonomous Product Security OS for Connected Devices | Finite StateFinite State · undated page, accessed October 25, 2026 · Tier A
  6. [6]Securing the Product Lifecycle: Building Compliance into IoTFinite State · undated page, accessed October 25, 2026 · Tier A
  7. [7]Finite State Launches the Autonomous Product Security OS for Connected DevicesFinite State · published February 17, 2026 · Tier A
  8. [8]Finite State Appoints Doc McConnell as Head of Policy and Compliance to Strengthen Regulatory LeadershipFinite State · published February 23, 2026 · Tier A
  9. [9]Finite State Appoints Sharon Hagi as Chief Security Officer to Scale Product Security and Services ExecutionFinite State · published February 25, 2026 · Tier A
  10. [10]Finite State Reviews 2026: Details, Pricing, & Features | G2G2 · undated page, accessed October 25, 2026 · Tier C
  11. [11]ManuSec Cybersecurity for Critical Manufacturing 2026Finite State · undated page, accessed November 4, 2026 · Tier A
  12. [12]Automated Evidence-Backed Compliance | Finite State | Finite StateFinite State · undated page, accessed November 4, 2026 · Tier A
  13. [13]CRA Managed ServicesFinite State · undated page, accessed November 4, 2026 · Tier A
  14. [14]The CRA Cross Border Compliance Closed Door Salon 2026Finite State · undated page, accessed November 4, 2026 · Tier A
  15. [15]Finite State: FDA Medical Device Security OSFinite State · undated page, accessed November 4, 2026 · Tier A
  16. [16]Auto-ISAC Europe Cybersecurity Workshop 2026Finite State · undated page, accessed November 4, 2026 · Tier A
  17. [17]Auto ISAC Cybersecurity Summit 2026Finite State · undated page, accessed November 4, 2026 · Tier A
  18. [18]AI Unpacking Evaluation Agent Launch | Finite StateFinite State · published February 24, 2026 · Tier A
  19. [19]Finite State Appoints Ann Miller as VP of MarketingFinite State · published April 7, 2026 · Tier A
  20. [20]Finite State Appoints Chris Overton as EVP of EngineeringFinite State · published January 21, 2026 · Tier A

Veracode full record

  1. [1]PlatformVeracode · veracode.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Thoma bravo completes acquisition of veracode softwareThoma Bravo · thomabravo.com · published January 2, 2019 · Tier A
  3. [3]Veracode | Application Risk Management PlatformVeracode · undated page, accessed October 30, 2026 · Tier A
  4. [4]Application Risk Management: Secure Your SoftwareVeracode · undated page, accessed October 30, 2026 · Tier A
  5. [5]Static Application Security Testing (SAST) with VeracodeVeracode · undated page, accessed October 30, 2026 · Tier A
  6. [6]Code Confidently with Veracode Package FirewallVeracode · undated page, accessed October 30, 2026 · Tier A
  7. [7]Container Security | VeracodeVeracode · undated page, accessed October 30, 2026 · Tier A
  8. [8]Scan containers, IaC, and secrets | Veracode DocsVeracode Docs · undated page, accessed October 30, 2026 · Tier A
  9. [9]Veracode Closes Record Year of Growth and Innovation Amid Surging Demand for Application Risk ManagementBusiness Wire · published February 5, 2026 · Tier A
  10. [10]Veracode Application Security Platform Reviews & Product DetailsG2 · undated page, accessed October 30, 2026 · Tier C
  11. [11]Veracode | Application Risk Management SolutionsVeracode · undated page, accessed November 4, 2026 · Tier A
  12. [12]Chief Risk Officer (CRO) | Application Risk Management | VeracodeVeracode · undated page, accessed November 4, 2026 · Tier A
  13. [13]Dynamic Application Security Testing (DAST) with VeracodeVeracode · undated page, accessed November 4, 2026 · Tier A
  14. [14]Application Security for Healthcare | VeracodeVeracode · undated page, accessed November 4, 2026 · Tier A
  15. [15]AI Code Remediation | Fix Application Vulnerabilities with VeracodeVeracode · undated page, accessed November 4, 2026 · Tier A
  16. [16]Application Security for the Energy Sector | VeracodeVeracode · undated page, accessed November 4, 2026 · Tier A
  17. [17]GLBA Financial Security Compliance | VeracodeVeracode · undated page, accessed November 4, 2026 · Tier A

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