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Content Library: Member News

Key New Hires, Board Member, Investor, and Product Advancements Help Fuel Growth for Black Duck Soft

Wednesday, May 20, 2015   (0 Comments)
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Key New Hires, Board Member, Investor, and Product Advancements Help Fuel Growth for Black Duck Software

Burlington, MA – May 20, 2015 – Black Duck Software, the leading OSS Logistics solutions provider enabling the secure management of open source code, today announced it closed Q1 2015 30 percent above plan. The company attributes this success to efforts that have continued momentum in making open source adoption more secure, compliant, and efficient. Black Duck has welcomed several new hires, secured $5 million in additional funding from strategic investor the Venture Capital Unit of Siemens, and added former Avid Technology CEO and Venture Capitalist Daniel Keshian to its Board of Directors.

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