Software security developer V.i. Labs snags $4M

V.i. Laboratories, a maker of software that prevents piracy and intellectual property theft, received $4 million in a third round of funding from previous investors Core Capital and Ascent Ventures. The Waltham, Mass.-based company plans to use the funds to develop Linux support for its CodeArmor software.

The CodeArmor product detects and reports use of pirated software. It informs developers when their software has been pirated and provides channels through which they might be able to recover any lost revenue resulting from theft.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

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