Security, VC, funding

Ounce Labs Raises A Ton of New Funding

Wade Roush 9/16/08

Waltham, MA-based Ounce Labs, whose software automatically scans the source code of enterprise applications for security flaws, said today that it has raised $7.5 million in Series D financing. A group led by Greylock Partners and Commonweath Capital Ventures, which both have offices in Waltham, contributed the funds, which will be used mainly to “accelerate market awareness” of the company’s services, according to an announcement.