INTELLIGENT BRANDS // Software for Business

its offerings in the areas of static and dynamic analysis , Machine Learning , formal methods , safety certification and cybersecurity .

“ AdaCore ’ s longevity , and its dedication to advancing high integrity software , impressed us tremendously , as did the key role the company ’ s products play in powering critical industries ,” said Morad Elhafed , General Partner at Battery Ventures .

Robbie Payne , a veteran software executive and Battery executive-in-residence , added : “ We are excited to support AdaCore ’ s ambitious vision , driving innovation that will redefine standards in software-development tooling for high-stakes applications .”

Payne , who was previously the CEO of smartmanufacturing solutions company CAMBRIO , is joining AdaCore ’ s board of directors .

This strategic partnership will catalyse AdaCore ’ s expansion , positioning the company as the go-to source for highintegrity , software-development tooling .

Founded three decades ago , AdaCore specialises in developing robust software solutions that cater to industries where safety , security and reliability are paramount .

The company ’ s tools are instrumental in building critical systems across aerospace , defense , transportation and automotive systems . Specifically , AdaCore builds development and verification tools for the Ada , SPARK , C / C ++ and Rust programming languages , allowing customers to use multiple languages inside one integrated development environment .

AdaCore is known for its ability to meet diverse customer needs , ranging from supporting off-the-shelf platforms to the specific hardware and software targets that are common in the high integrity , embedded market , where code failure could result in the loss of life , significant property damage or dire environmental consequences .

Leveraging Battery Ventures ’ investment , AdaCore will enhance its product portfolio , developing innovative new tools and technologies that address the evolving needs of companies pursuing high integrity software development . The company is set to expand

“ We are at a pivotal moment in the evolution of software development , where the demand for high integrity and secure software has never been more critical ,” said Franco Gasperoni , CEO at AdaCore .

“ Our partnership with Battery Ventures is a testament to our shared commitment to setting new benchmarks in the industry . With this strategic investment , AdaCore is poised to expand its technological horizons and reinforce its mission to provide developers and enterprises with the most reliable tools and assistance for building mission-critical systems . I am thrilled about the opportunities that lie ahead and am confident that our enhanced capabilities will drive innovation and elevate the state-of-the-art in high integrity software development .”

DDA & Company served as exclusive financial advisor to AdaCore SAS on this transaction . p

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