FOSSID - open source code scanning for known security vulnarabilities

Reference number
Coordinator FOSSID AB
Funding from Vinnova SEK 1 500 000
Project duration April 2017 - March 2018
Status Completed
Venture Innovationsprojekt i företag 2017
Call Innovationsprojekt i företag Våren 2017

Purpose and goal

Project goals to add functionality to identify known security vulnerabilities in open source software, enabling the launch of a security Product during 2018, were achieved as planned. We have also performed a first customer evaluation in Q3 2017 and in addition we have closed our first commercial agreements related to FOSSID Security product in Q1 2018.

Expected results and effects

The launch of FOSSID Security product has opened a broader market for FOSSID AB. We have today launched a marketing campaign related to our product portfolio and we are establishing a sales office in Japan. Both these activities would be premature without FOSSID Security in our product portfolio.

Planned approach and implementation

The grant from Vinnova has made it possible for FOSSID AB to accelerate the development by employing new engineers. This has led to increased sales and allowed us to grow the company. We are today 15 full time employees. As a direct consequence of Vinnova´s grant, FOSSID AB will pay more then 4 million kroner in employer´s taxes in Sweden in 2018.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 25 November 2019

Reference number 2017-00442

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