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SandHill: Launching an Open Source Business

Nov 01, 2006, 01:00 (0 Talkback[s])
(Other stories by Dave Rosenberg)

"There are many great open source projects that have dedicated developers, users and admirers. But only a few have the possibility of becoming legitimate businesses. The trick is to figure out the market, the business context and the viability of sustained revenue.

"I recently went through a successful fundraising effort to build a company around an open source project called Mule, which was developed by my co-founder, Ross Mason. We raised $4 million from Hummer Winblad and Morgenthaler earlier this month..."

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