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Open-source code specialist gets investment

Black Duck pulls in $5 million, which will be used to hire new personnel and bring its ProtexIP service to market.

Black Duck Software, a company that specializes in helping companies ensure open-source software doesn't get mixed in with their own proprietary products, received a $5 million investment, the Waltham, Mass.-based company announced Monday. Flagship Ventures and General Catalyst Partners made the investment; Roger Heinen from Flagship and and Larry Bohn from General Catalyst have joined Black Duck's board.

The funding will be used to hire new personnel and to bring the company's ProtexIP service to market, the company said.