Press Release June 06, 2005

Black Duck Software Secures $12M in Series B Financing Led by Fidelity Ventures

BOSTON, June 6, 2005 — Black Duck Software, Inc., the leading provider of software compliance management solutions, recently announced it has secured $12 million in Series B funding led by Fidelity Ventures.  Intel Capital and SAP Ventures, a division of SAP AG also participated in the round, together with existing investors:  Flagship Ventures, General Catalyst Partners, and Red Hat.

The partner from Goodwin Procter who represented Black Duck in this matter is Mark Macenka.