Ounce Labs Inc. Obtains $7,500,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52d3a1a2-e3c9-47c0-bd1c-e4100c116d72&Preview=1 -
Date
9/16/2008 -
Company Name
Ounce Labs Inc. -
Mailing Address
100 Fifth Avenue Waltham, MA 02451 -
Company Description
Ounce Labs delivers actionable metrics to help organizations understand and manage the vulnerabilities in their critical applications. Customers use this information to assess risk and prioritize security investments, to comply with regulatory demands, and to hold outsourcers accountable for the security of the applications they deliver. -
Website
http://www.ouncelabs.com/
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Transaction Type
Venture Equity -
Transaction Amount
$7,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Ounce Labs will use the funds to optimize the company’s operations in order to accelerate market awareness of the widespread security problems that demand a focused software solution. -
M&A Terms
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Venture Investor
Greylock Partners -
Venture Investor
Commonwealth Capital Ventures
