Black Duck CEO Lou Shipley to Present at The Montgomery Summit

Selected from 4,000 nominated companies, Black Duck, which focuses on securing and managing open source software, will discuss its business strategy

LOS ANGELES & BURLINGTON, Mass.--(BUSINESS WIRE)-- Black Duck®, a global leader in automated solutions for securing and managing open source software, will present at the annual Montgomery Summit, the leading business and technology conference, taking place in Santa Monica, CA, on March 8 and 9.

Black Duck CEO Lou Shipley will discuss the company’s business strategy, technology and market positioning to an invited audience of 1,000 entrepreneurs, corporate executives and venture capitalists. Shipley’s presentation, slotted in the summit’s Growth Companies Track, will be at 9 a.m. PST on Wednesday, March 9.

“Open source software has been Black Duck’s sole business focus since 2003, and we’ve watched it grow from a speck on the technology landscape to a major innovation driver for the largest, most successful organizations worldwide. Today, open source use is ubiquitous,” said Shipley.

“The driving forces behind the surge in open source use are its ability to lower development costs and get companies to market faster. As open source use continues to grow because of its compelling business value, the task of securing and managing it has become not only more difficult, but also much more important. Recent high-profile, costly exploits have demonstrated that. Securing and managing open source is our area of expertise and experience,” Shipley said.

Black Duck’s KnowledgeBase™ maintains open source project, license and vulnerability information on 1.5 million open source projects, 350 billion lines of code, 2,400 unique software licenses and 69,000 vulnerabilities. “It’s the largest repository of this data in the world and it’s growing every day,” said Shipley.

“The caliber of companies nominated for this year’s summit was higher than ever, and the selected presenters will provide excellent insight and expertise into their respective and rapidly evolving fields – from enterprise data to financial technologies to connected devices,” said Jamie Montgomery, founder of The Montgomery Summit. “Our goal is to connect technology’s best entrepreneurs with incredible investors, partners and advisers and to facilitate meetings that will lead to success for all parties.”

This year, a global committee of senior investors from top venture capital and growth funds, prior summit attendees, researchers, entrepreneurs and summit partners and staff selected 140 companies to present from over 4,000 nominations. Nominations were evaluated by each company’s sector, stage, growth and engagement metrics, as well as criteria including management, vision and more.

In addition to presentations from top private growth company CEOs, the two-day event features industry leaders and top innovators in a series of keynotes, panels and salons. Speakers at this year’s summit include Beth Comstock, vice chair, GE; Rob High, CTO, IBM Watson; John Chambers, executive chairman, Cisco; and Gen. Stanley McChrystal, former U.S. Army General.

About Black Duck Software

Organizations worldwide use Black Duck’s industry-leading solutions to automate the process of securing and managing open source software, eliminating the pain related to security vulnerabilities, compliance and operational risk. Black Duck is headquartered in Burlington, MA, and has offices in San Jose, CA, London, Frankfurt, Hong Kong, Tokyo, Seoul and Beijing. For more information, visit www.blackducksoftware.com.

About The Montgomery Summit

The Montgomery Summit gathers an invited group of entrepreneurs, senior investors and leading executives to discover the most important innovations in business and technology. The event features two days of presentations, keynotes, panels and salons in Santa Monica, Calif.

Previously known as The Montgomery Technology Conference, the summit has for more than a decade provided unparalleled opportunities to meet a diverse blend of technological visionaries and innovators from all over the world. For more information, visit www.montgomerysummit.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160307005126/en/

Black Duck
Brian Carter, 508-277-7570
Director of Strategic Communications
[email protected]
or
PAN Communications
Michael O’Connell, 617-502-4300
[email protected]

Source: Black Duck Software

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