SF Business Times: Sizzling market for Linux cooks up $32m for startupDec 20, 1999, 15:12 (0 Talkback[s])
(Other stories by Adam Feuerstein)
"Amidst the skyrocketing IPOs of several companies linked to the free Linux operating system, San Francisco's Linuxcare Inc. has raised $32 million in venture funding from a bevy of big-time technology players."
"In conjunction with this second round of funding, the company has also acquired three Linux consulting firms aimed at bolstering its global professional services ranks. And just as important for an obviously pre-IPO company, it has inked several deals that promise significant future revenue streams...."
"Founded in 1998, Linuxcare differs somewhat from these companies because it is not repackaging and selling any Linux products. Instead, it focuses solely on offering technical support and professional services for large corporations running Linux."
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