Black Duck Software

Last updated
Black Duck Software, Inc.
Company typePrivate
Industry Application security
Founded2002;23 years ago (2002)
FounderDoug Levin
Headquarters
Burlington, Massachusetts
,
United States [1]
Key people
Jason Schmitt, CEO
Owner Clearlake Capital Group
Francisco Partners
Number of employees
2,000 [1]  (2024)
Website www.blackduck.com

Black Duck Software is a private company headquartered near Boston, Massachusetts. Founded in 2002 by Doug Levin, it develops and markets software and services for application security.

Contents

History

Black Duck was founded in December 2002 by Doug Levin. In 2017, eight years after raising $38.5 million in venture capital funding, [2] the firm raised $75.5 million. [3]

When acquired by Synopsys for $565 million in 2017 [4] and becoming part of the "Synopsys Software Integrity Group", the firm was combined with several other Synopsys acquisitions, such as code analysis company Coverity, interactive application security testing software Seeker, Cigital, and Codiscope. [5]

In 2024, the Synopsys Software Integrity Group was sold to private equity firms Clearlake Capital Group and Francisco Partners for $2.1 billion. [6] [7] The new owners rebranded the company back to its original "Black Duck Software" namesake. [1]

Products

Black Duck provides software and services for software development security testing. [1] The company initially focused on software that identified usage of open-source code and determined corresponding security and licensing risks. Over time, it expanded to various application security tools and services related to training, support, and development, for developers. [2] [ better source needed ] In 2024, it also began using generative artificial intelligence to identify potential security risks for customers. [1]

References

  1. 1 2 3 4 5 Sweeney, Erica (November 20, 2024). "AI is helping one software security company send 5 times the number of threat alerts in record time". Business Insider. Retrieved August 13, 2025.
  2. 1 2 Wauters, Robin (February 9, 2009). "Black Duck Software Gets $9.5 Million To Help You Ship Better Software More Quickly". TechCrunch. Retrieved August 13, 2025.
  3. ↑ Kerner, Sean Michael (November 3, 2017). "Synopsys Set to Acquire Black Duck Software for $565M". eWEEK. Retrieved August 13, 2025.
  4. ↑ Franklin, Curtis; Analyst, Principal (November 3, 2017). "Synopsys Swallows Black Duck in $565M Deal". Dark Reading. Retrieved August 13, 2025.
  5. ↑ Kerner, Sean Michael (February 25, 2019). "Synopsys Looks to Improve Code Quality, Security With Polaris". eWEEK. Retrieved August 13, 2025.
  6. ↑ Wack, Chris (May 6, 2024). "Synopsys Selling Software Integrity Group to Clearlake Capital, Francisco Partners" . WSJ. Retrieved August 13, 2025.
  7. ↑ "Clearlake and Francisco Partners Complete Acquisition of Black Duck Software, Formerly Known as Synopsys Software Integrity Group". PR Newswire. Retrieved 2025-09-18.
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