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Dealipedia - Black Duck receives an investment from Focus Ventures...

Black Duck receives a $12 million investment

Deal Participants:
Company: Black Duck View Profile Charts Homepage
Investors: Focus Ventures View Profile Add Homepage   Google Search
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Deal Financials:
Investment Amount: $ 12 million
Series: C
Date:
Announced: Feb 15, 2007

PRESS RELEASE - Black Duck receives a $12 million investment

More enterprises today are developing with open source code, and blending that code with other third party or proprietary applications. While there are many benefits to this approach (faster development and time to market) it is also creating new challenges with respect to the licensing obligations attached to all that code.

Black Duck helps Fortune 500/Global 500 companies track software origins, ownership and licensing requirements and manage these obligations in advance of M&A activity, or as part of their overall compliance process, so they can catch and resolve intellectual property and compliance issues as they occur during the development process. If a company finds itself in violation of open source policies, consequences can include law suits over software intellectual property, product recalls, or failed merger/acquisition.

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Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/dealiped/public_html/deal_view_investment.php on line 963
Dec 08 '07
This version submitted by beyondtheveil
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