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Klocwork ticks off $9 million

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Klocwork announced Thursday it raised a $9 million second round of funding, led by U.S. Venture Partners. Cisco Systems, Duke University and previous investor Pequot Ventures also participated in the round. The Santa Clara, Calif.-based company has raised a total of $14 million. Klocwork develops software to analyze customers' systems. It extracts information directly from the source code, identifies defects and fixes problems.