About FossID
FossID, founded in 2016 and based in Stockholm, Sweden, specializes in open source software compliance and security solutions. The company has additional offices in Romania and Japan and employs around 30 staff globally. Acquired by Snyk in 2021, FossID focuses on providing developer-first security tools to clients in the U.S., Europe, Japan, and China. FossID offers several key products, including the FossID Workbench, a Software Composition Analysis tool that identifies open source components, licenses, and vulnerabilities in codebases. Their OSS Intelligence Database indexes over 3 petabytes of software components and supports rapid scanning and compliance reporting. The company also provides services such as expert-led audits, confidential code analysis for mergers and acquisitions, and managed services for vulnerability management and license compliance. FossID serves a range of clients, including Fortune 500 companies like Swisscom, and plays a significant role in high-stakes scenarios like M&A due diligence.