America’s Growth Capital is pleased to announce that its client, Ounce Labs, Inc., the leading provider of enterprise source code security testing software, has been sold to IBM Corporation (NYSE:IBM), the world leader in information technology products and services. IBM will integrate Ounce Labs into its Rational software business. Ounce technology will be offered as part of the IBM Rational AppScan family of Web application security analysis capabilities across the software development lifecycle (SDLC), from coding to production. Financial terms were not disclosed. With a team led by Maria Lewis Kussmaul, America’s acted as sole financial advisor to Ounce Labs.
When we started to get inbound interest in Ounce Labs, my immediate thought was America's Growth Capital. They have an uncommon knowledge of the security industry, a great reputation for matching like-minded companies in the acquisition process, and they are a valued advisor to the kinds of companies that we wanted to meet. I would recommend them unhesitatingly to anyone who is looking for experienced guidance before and during any exit activity.Jack Danahy, Founder and CTO at Ounce Labs
AGC acted as sole financial advisor to Ounce Labs in July, 2009