According to filings with the U.S. Securities and Exchange Commission, Fossa is raising $5,000,003.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Kevin Wang played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Fossa
Open Source has become the critical supplier for modern software companies, changing everything about how people think about their code. FOSSA builds the infrastructure for modern teams to be successful with open source. FOSSAs flagship product helps teams track the open source used in their code and automate license scanning and compliance. Since then, over 7,000 open source projects (Kubernetes, Webpack, Terraform, ESLint) and companies (Uber, Ford, Zendesk, Motorola) rely on FOSSAs tools to ship software. If you are in the software industry today, you’re now using code that runs FOSSA.FOSSA is a venture funded company backed by Costanoa Ventures, Bain Capital Ventures, etc. with affiliate angels including Marc Benioff (Salesforce), Steve Chen (YouTube), Amr Awadallah (Cloudera), Jaan Tallin (Skype) and Justin Mateen (Tinder).

To learn more about Fossa, visit http://fossa.com/

Contact:
Kevin Wang, Chief Executive Officer
415-655-9537

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