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LinuxDevices: Open Source Intellectual Property Services Vendor Nets $5M in Funding

Jul 28, 2004, 11:30 (4 Talkback[s])

[ Thanks to Jason Greenwood for this link. ]

"Black Duck Software has closed a $5 million funding round, co-led by General Catalyst Partners and Flagship Ventures. The company, which sells open source software intellectual property managment services to software developers and vendors, plans to use the money to hire key personnel and promote its protexIP line of services.

"Black Duck launched its protexIP/development source code scanning and license conflict resolution software on May 17 after beta testing the software for six months at 20 customer sites..."

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