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§ Private Profile · Boston, MA, USA
3D printing technology developer creating high-performance carbon fiber composites for aerospace, defense, and medical devices.
Fortify has raised $58.0M across 5 funding rounds.
Key people at Fortify.
Fortify has raised $58.0M in total across 5 funding rounds.
Based in Boston, Massachusetts, Fortify develops advanced 3D printing technology that utilizes patented magnetic alignment to manufacture high-performance carbon fiber composites for complex industrial parts. The organization operates a direct business-to-business sales model, providing specialized additive manufacturing platforms and engineering services tailored for demanding applications within the aerospace, defense, and medical device manufacturing sectors. Operating with an estimated headcount of 11 to 50 employees, the enterprise previously secured a $50,000 financial award from the MassChallenge accelerator program to support its initial commercialization efforts. Fortify supplies its proprietary manufacturing hardware and composite materials to various commercial partners and industrial customers, including high-frequency printed circuit board manufacturer Varioprint, while currently operating under the strategic leadership of chief executive officer Lawrence Ganti. The company was officially founded in 2016 by Joshua Martin, Randy Erb, and Karlo Delos Reyes.
Key people at Fortify.
Fortify has raised $58.0M in total across 5 funding rounds.
Fortify's investors include Eric Wolford, Cota Capital, J. Christopher Moran, Mainspring, Neotribe Ventures, Ocean Azul Partners, Prelude Ventures, Daniel Ateya, Accel, Cisco Investments, Energy Impact Partners, Flucas Ventures.
Fortify has raised $58.0M across 5 funding rounds. Most recently, it raised $12.5M Other Equity in June 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 2, 2023 | $12.5M Venture Round | — | Eric Wolford, Cota Capital, J. Christopher Moran, Mainspring, Neotribe Ventures, Ocean Azul Partners, Prelude Ventures, Daniel Ateya | Announced |
| May 1, 2023 | $13M Series U | — | Accel, Cisco Investments, Energy Impact Partners, Flucas Ventures, Gaingels, H.I.G. Capital, Insight Partners, Lockheed Martin Ventures, OurCrowd, Streamlined Ventures, Trajectory Ventures | Announced |
| Mar 1, 2021 | $20M Series B | Cota Capital | Hercules Capital, QED Investors, Streamlined Ventures, Accel, Neotribe Ventures, Prelude Ventures | Announced |
| Jul 1, 2019 | $10M Series A | Accel | Cisco Investments, Energy Impact Partners, Flucas Ventures, Gaingels, H.I.G. Capital, Insight Partners, OurCrowd, Trajectory Ventures, Mainspring Capital Partners, Neotribe Ventures, Prelude Ventures | Announced |
| Jan 15, 2019 | $2.5M Seed | — | Mainspring Capital Partners, McCune Capital, Swaroop Kolluri, Ocean Azul Partners, Mark Cupta | Announced |
Fortify most prominently refers to Fortify Software (later Fortify Inc.), a California-based technology company specializing in software security tools, including Static Application Security Testing (SAST) and Dynamic Application Security Testing (DAST) products that help organizations identify and mitigate vulnerabilities in code.[1] Founded in 2003 and backed by Kleiner Perkins, it builds solutions for software security assurance, serving enterprises needing to secure applications during development and runtime; it solves critical problems like undetected security flaws by providing automated analysis and research-backed vulnerability detection.[1] The company was acquired by Hewlett-Packard in 2010, then Micro Focus in 2017, and OpenText in 2023, integrating its tools into larger cybersecurity ecosystems with steady evolution through services like Fortify OnDemand launched in 2011.[1]
A distinct Fortify in advanced manufacturing, founded in 2016 in Boston, develops a Digital Composite Manufacturing (DCM) platform using magnetics and digital light processing for 3D-printed composite parts with custom microstructures, targeting injection mold tooling, end-use parts, and now RF/microwave devices for national security like 5G infrastructure, ISR, radar, and satellite communications.[2][5] It serves defense contractors (e.g., U.S. Army DEVCOM, RTX) and industries needing high-performance, low-SWaP-C (Size, Weight, Power, Cost) components, addressing limitations in traditional manufacturing for wireless and sensing applications with patented tech in 3D printing processes.[2][5] Other entities like a UK IT consultancy (2024)[6] or fraud prevention firm[3] exist but lack the scale or prominence of these two.
Fortify Software emerged in 2003, founded with backing from Kleiner Perkins Caufield & Byers as a pioneer in static code analysis for security.[1] Its early focus on Java vulnerabilities led to innovations like the Java Open Review project and Vulncat taxonomy, with the team authoring *Secure Coding with Static Analysis* and publishing research on threats like JavaScript hijacking and cross-site scripting.[1] Pivotal moments included HP's 2010 acquisition for $125 million (expanding its enterprise reach), the 2017 Micro Focus merger (aiming to boost margins on mature assets), and OpenText's 2023 buyout, embedding Fortify into a broader application security portfolio.[1]
The 3D printing Fortify started in 2016 in Boston, co-founded by CEO Josh Martin and CCO Karlo Delos Reyes, evolving from composite manufacturing to RF-focused solutions.[2][5] Early traction came via patents in 3D printing and partnerships like U.S. Army contracts for GRIN lens tech in tactical comms, plus collaborations with Notre Dame and RTX for wireless systems overcoming bandwidth limits in C2 operations.[2][5]
Fortify Software rides the shift-left security trend in DevSecOps, where vulnerabilities must be caught early amid rising cyber threats and regulations like GDPR/CCPA; its timing aligned with post-2000s app explosion, influencing ecosystems via HP/Micro Focus/OpenText integrations that standardize SAST/DAST in enterprise pipelines.[1] Market forces like AI-driven attacks and supply chain breaches (e.g., SolarWinds) amplify demand, with Fortify's research shaping industry standards through open projects and books.[1]
3D Fortify taps additive manufacturing for defense modernization, fueled by 5G/6G rollout, ISR needs, and DoD pushes for resilient comms; perfect timing with post-2020 supply chain disruptions and SWaP-C mandates, enabling U.S. superiority in contested environments via GRIN optics and wireless breakthroughs.[2][5] It influences by disrupting legacy machining, partnering with primes to scale next-gen radar/satcom, and broadening 3D printing from prototypes to production warfighter tech.[2]
Fortify Software, now under OpenText, will deepen AI-enhanced SAST amid zero-trust mandates, potentially expanding to cloud-native and GenAI code scanning as threats evolve—its acquisition path ensures resilience but ties growth to parent strategies.[1] The 3D Fortify eyes scaled defense contracts, leveraging RF patents for hypersonic/quantum-adjacent apps; trends like multi-band satcom and autonomous systems will propel it, evolving from niche printer to full-stack RF supplier.[2][5] Both embody fortification—securing code or signals—in tech's high-stakes arenas, positioning them to thrive as digital battles intensify.