Black Duck Software

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Black Duck Software, Inc.
Privately held
Industry Open Source Security Software
Founded Massachusetts, USA (2002)
Headquarters Burlington, MA
Key people
Lou Shipley, President & CEO
Stephen Gregorio, CFO
Bill Ledingham, CTO
Bob Canaway, CMO
Adam Clay, VP of Worldwide Sales
Products Black Duck Hub
Black Duck Protex
Black Duck Code Center
Website www.BlackDuckSoftware.com

Black Duck Software is a privately held software company headquartered in Burlington, Massachusetts that specializes in assisting companies to secure and manage their use of open source software (OSS). Black Duck has partnerships with a variety of open source organizations including Red Hat, the Open Source Software Institute (OSSI), and SourceForge.

Headquartered in Burlington, MA, Black Duck has offices in San Jose, CA; Frankfurt, Germany; Reading, United Kingdom; Tokyo, Japan; and Seoul, South Korea.

Products & Services[edit]

Black Duck markets products and services as solutions that allow organizations to analyze the composition of their software, search for reusable code, manage open source and third-party approval, honor legal obligations, and monitor related security vulnerabilities. The company promotes its products and services as follows:

Black Duck Hub
automatically scans applications and Linux Containers to discover open source components and applications used to build them, maps known vulnerabilities, manages remediation activities, and monitors and alerts users when new threats are reported.
Black Duck Protex
integrates with development tools to automatically scan, identify, and inventory open source software.
Black Duck Code Center
automates the processes of finding and selecting open source software, requesting and receiving approval for code usage, and accessing licenses, community activities and vulnerability information for open source components.
Black Duck On-Demand
marketed for internal audits and M&A transactions, is a service that identifies open source components, licenses, IP obligations, and other code risks.
Black Duck Open Hub
(formerly Ohloh.net) an online community and public directory of free and open source software (FOSS), offering analytics and search services for discovering, evaluating, tracking, and comparing open source code and projects.

History[edit]

Black Duck Software was founded in 2002 by Douglas Levin in Waltham, Massachusetts. The company moved its corporate headquarters to Burlington, MA in 2011.[1] Lou Shipley joined the company in 2013 as President and CEO.[2] In a 2016 press release, Black Duck reported the company had 230 employees.[3]

In 2004, Black Duck completed its first round of venture capital funding, acquiring investments from Flagship Ventures and General Catalyst Partners totaling $5 million USD.[4] In 2005, a second round of investments came in equaling $12 million USD from a combination of sources: Fidelity Ventures of Boston, Intel Capital, SAP Ventures, and Red Hat.[5] In February 2007, Black Duck acquired a round of investments totaling $12 million USD from Focus Ventures and past investors.[6] In 2009, Black Duck announcing it had received $9.5 million in new financing, including Gold Hill Capital and existing investors.[7] In 2011, the company raised an additional $12 million from various investors.[8] In July 2014, Black Duck received a $20 million investment from a combination of General Catalyst Partners and other past investors.[9]

References[edit]

  1. ^ "Boston Business Journal". bizjournal. 2011-11-08. Retrieved 2016-04-05. 
  2. ^ "Seven things you should know about Black Duck chief executive Lou Shipley - The Boston Globe". BostonGlobe.com. Retrieved 2016-04-05. 
  3. ^ "Black Duck’s 2015 Growth Spurs Major Expansion at Burlington Headquarters". Reuters. 2016-01-27. Retrieved 2016-04-05. 
  4. ^ "Black Duck Software Secures $5 Million in Series A Financing | Flagship Ventures". www.flagshipventures.com. Retrieved 2016-04-05. 
  5. ^ "Black Duck Software raises $12M in 2nd VC round - Boston Business Journal". Boston Business Journal. Retrieved 2016-04-05. 
  6. ^ "Valley firms join $12M Black Duck round - Silicon Valley Business Journal". Silicon Valley Business Journal. Retrieved 2016-04-05. 
  7. ^ "Open source firm Black Duck hatches $9.5M funding - Boston Business Journal". Boston Business Journal. Retrieved 2016-04-05. 
  8. ^ "After coasting for 3 years, Black Duck Software raises $12M - Boston Business Journal". Boston Business Journal. Retrieved 2016-04-05. 
  9. ^ "Black Duck Software raises $20M, led by General Catalyst - Boston Business Journal". Boston Business Journal. Retrieved 2016-04-05.