Ounce Labs Raises A Ton of New Funding

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.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

Trending on Xconomy