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Today's the Day for Open Source Venture Funding

Jan 22, 2008, 22:00 (0 Talkback[s])
(Other stories by Matthew Aslett)

"'2008 is starting with a bang for open source,' wrote Mark Radcliffe last week, and he's not wrong. Not only did we see Sun's $1bn acquisition of MySQL, but we've also seen an extraordinary amount of venture capital funding. Today saw no fewer than three investments announced, with Greenplum landing $27m Series C, Zenoss closing a $11m Series B round, and Alfresco announcing a $9m Series C round...

"According to 451 CAOS Theory figures $80.5m worth of open source VC funding has been announced in the first 22 days of 2008, compared with $100.4m in the whole of the first quarter of 2007..."

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