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

[ 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…”

Complete
Story

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