FOSSA scores $8.5 million Series A to help enterprise manage open source licenses

As more enterprise developers make use of open source, it becomes increasingly important for companies to make sure that they are complying with licensing requirements. They also need to ensure the open sources bits are being updated over time for security purposes. That’s where FOSSA comes in, and today the company announced an $8.5 million Series A. The round was led by Bain Capital Ventures with help from Costanoa Ventures and Norwest Venture Partners.

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