Black Duck Software is a specialized company that focuses on helping organizations manage the risks associated with using open source software. Open source software is code that is freely available for anyone to use, modify, and distribute. While it offers many benefits, it also comes with potential security vulnerabilities and legal compliance issues. Black Duck Software provides tools and services to identify and fix these problems.

The company serves a diverse range of clients, including security teams, development teams, and legal departments across various industries. Its primary market includes businesses involved in software development and those undergoing mergers and acquisitions (M&A). During M&A, companies need to ensure that the software they are acquiring is secure and legally compliant, and Black Duck's services are crucial for this due diligence process.

Black Duck operates on a business model that combines software sales with professional services. It offers two main products: Software Composition Analysis (SCA) and Open Source Audits. The SCA tool helps clients find and fix security vulnerabilities and license compliance issues in their software development lifecycle (SDLC). The Open Source Audits provide a thorough analysis of open source risks, which is particularly useful for M&A and internal audits.

The company makes money by selling licenses for its software tools and by providing professional services for audits and consultations. Its solutions are built on a comprehensive database of open source components, vulnerabilities, and licenses, which allows for accurate and fast analysis.

In summary, Black Duck Software is a key player in the open source risk management market, helping organizations ensure their software is secure and legally compliant.

Keywords: Open Source, Security, Compliance, Software Development, Risk Management, M&A, Audits, Vulnerabilities, License Compliance, DevOps.