There’s a quiet crisis in enterprise tech: mission-critical systems built on open-source frameworks that hit end-of-life like an expired carton of milk in a billion-dollar fridge. The vendors dip. The patches stop. Compliance teams sweat. Engineers stare down migration roadmaps like they’re opening Jumanji. That’s when HeroDevs steps in, not with a cape, but with code that keeps the whole operation breathing.
Founded by Aaron Frost in 2018, an open-source OG and Google Developer Expert, HeroDevs isn’t here to play superhero, they’re here to keep your legacy software from becoming legacy liabilities. This week, they locked in a $125 million strategic growth investment led by PSG Growth Equity, with continued backing from Album VC. That brings total funding to $133 million, and it’s not about survival, it’s about scale.
Their NES (Never-Ending Support) platform is more than a clever acronym. It’s a lifeline for companies running on OSS like AngularJS, .NET, Spring, and soon-to-be Python2. HeroDevs provides drop-in replacements, proactive vulnerability fixes, and compliance patches so enterprises can keep moving without rewriting their tech DNA. No disruptive migrations. No scrambling after the next zero-day. Just straight-up security, baked into what already works.
It’s not some theoretical pitch deck promise either. They’re already serving over 800 organizations, nearly one-third of the Fortune100, including Google, Microsoft, Capital One, and GE. They average support for 911 OSS components per commercial codebase and remediate 86% of known vulnerabilities that would otherwise be left twisting in the wind. This isn’t DevSecOps theater. It’s mission-critical support at production scale.
The new capital isn’t just fueling headcount and code coverage. $20 million is going straight into the HeroDevs Open Source Sustainability Fund, cutting five- and six-figure checks to the maintainers who kept the digital world spinning and never got the standing ovation. That’s a playbook move most VCs wouldn’t even imagine, let alone fund.
CTO Greg Allen, ex-Google and Domo, is leading product expansion. COO Rob Nalen brings serious legal muscle from GitLab and Red Hat. And Joe Eames, a longtime OSS evangelist, is deepening strategic partnerships that put HeroDevs at the center of the compliance conversation across finance, healthcare, and government.
The bet PSG just made? It’s not about unicorns. It’s about resilience. HeroDevs is taking dead tech and turning it into enterprise-grade infrastructure. Quietly, effectively, and unapologetically.
