Both Veracode and GitLab Ultimate offer open source component scanning along with Static and Dynamic Application Security Testing. Veracode is a mature product with a hefty price tag. Veracode offers a separate SAST-lite product that integrates in the developer's IDE offering spell-check-like functionality to flag vulnerabilities as the developer types.
GitLab Ultimate automatically includes broad security scanning with every code commit including Static and Dynamic Application Security Testing, along with dependency scanning, container scanning, and license management.
Note: In November 2018, the private equity firm Thoma Bravo acquired Veracode from Broadcom. Veracode now functions as an independent company within the Thoma Bravo portfolio of companies. Between March 2017 and July 2018 Veracode was part of CA Technologies. For a brief period, from July 2018 to November 2018, Veracode was part of Broadcom following CA Technologies' acquisition by Broadcom
Comparison to GitLab
Veracode is a well established player in the Application Security Testing (AST) market. Although they offer a range of products, including SAST, DAST, IAST, and SCA, each of these products are sold and licensed separately. GitLab offers simplicity and a high level of integration by including all of these types of scanning capabilities within a single product. Additionally, GitLab has tightly integrated the scanning results with the rest of the SLDC, including the merge request review process.
Additionally, organizations that have concerns about using a cloud-hosted scanning solution, or that use GitLab’s self managed offering, will find that GitLab is a clear winner as Veracode does not have an on-premise offering.