Cybersecurity company plans to price IPO this spring.

By Dan Primack
March 2, 2015
March 02, 2015

Cybersecurity company Veracode is planning to go public in May, Fortune has learned.

The Burlington, Mass.-based company already has filed confidential IPO documents with the SEC, and is expected to file its publicly-available S-1 shortly. Veracode is said to have already picked banks to underwrite the offering, but we were unable to discover their identities.

Veracode has raised over $110 million in venture capital funding. Its most recent round was a $40 million Series F infusion last September led by Wellington Management, at a post-money valuation of around $450 million. The IPO is expected to value Veracode at around twice that figure.

The company declined comment, via a spokeswoman.

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