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LinuxWorld: A recipe for success, Covalent heads down the path paved by Red Hat and Cygnus

Dec 24, 1999, 19:08 (0 Talkback[s])
(Other stories by Joe Barr)

"Thus, when Covalent Technologies appeared in the public-relations bitstream last week with news that it had secured five million dollars in venture capital funding from H&Q Venture Associates, it seemed that this company was following what has become, for some at least, a path to riches."

"Covalent is demonstrating how to make money by following the model ESR calls "give away the recipe, open a restaurant." This the very same model that Robert Young followed with Red Hat and Michael Tiemann followed with Cygnus. Randy Terbush, founder, CEO, and CTO of Covalent Technologies, agrees, saying simply, "We want to be the Red Hat of Apache...."

"Covalent Technologies was founded in 1994, a year before the birth of Apache. Today, it is focused exclusively on providing support and products for the Apache server. Apache has proved itself on a number of popular platforms, including BSD, Linux, and Windows; as of the latest Netcraft survey, it holds a remarkable 54.81% share of the market."

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