Black Duck raises $12 million for open source IP protection

Black Duck, the Waltham, Mass. company that tracks how companies use software in order to protect open source code and intellectual property rights for software makers, has raised $12 million more in a third round funding.

The round was led by Focus Ventures, a Silicon Valley late-stage venture capital firm.

Blackduck has now raised $29 million. Previous investors participated in the round, including Fidelity Ventures, Flagship Ventures, General Catalyst Partners, Intel Capital and SAP Ventures.

A… Continue Reading