Black Duck Software

Black Duck Software, Inc.Founded in 2003 and headquartered in Burlington, US, Black Duck Software, Inc. offers solutions for application security. The company has undergone a significant transition with its acquisition by Synopsys, Inc. in December 2017 for approximately USD 565 mn.Black Duck specializes in providing comprehensive application security software solutions tailored for the modern software landscape. Their flagship offering, the Black Duck Polaris™ platform, integrates various security testing tools that facilitate seamless vulnerability detection and management across the software development lifecycle (SDLC). This platform enables organizations to automate security scans for both individual applications and extensive codebases, ensuring compliance with open source licensing and security standards. Black Duck's solutions are designed to help businesses build trust in their software, significantly reducing risks associated with open source vulnerabilities and enhancing overall product quality.Black Duck's revenue model primarily revolves around subscription-based services, which provide clients with access to their suite of application security tools and resources. Clients typically engage with the company through annual contracts, encompassing access to the Black Duck Polaris™ platform along with various security testing services, such as Static Analysis (SAST) and Software Composition Analysis (SCA). These transactions are structured to facilitate a continuous flow of services, allowing clients to benefit from ongoing security assessments and updates. The pricing plans are tiered and designed to accommodate a range of client needs, from small businesses to large enterprises, ensuring that organizations can select the right level of service based on their specific security requirements., Black Duck Software, Inc. is positioned to enhance its product offerings and expand into new markets. Future growth initiatives include the development of new features for the Black Duck Polaris™ platform, aimed at improving security capabilities and compliance assistance, although specific product release dates are not disclosed. Additionally, there are plans to target expansion in Europe and Asia-Pacific regions by the end of 2023, leveraging the resources and expertise of Synopsys to facilitate this growth.

1. Series E

   Sep 3, 2014

   Amount

   $20M

   Investors

   Locked

2. Series E

   Sep 30, 2011

   Amount

   $12M

   Investors

   Locked

3. Series D

   Nov 26, 2008

   Amount

   $3M

   Investors

   Locked

4. Series C

   Feb 8, 2007

   Amount

   $12M

   Investors

   Locked

5. Series B

   Apr 19, 2005

   Amount

   $12M

   Investors

   Locked

6. Series A

   Jul 26, 2004

   Amount

   $5M

   Investors

   Locked