Linux.com: Open Source Software Lets Genuitec Forgo Venture Capital
Feb 14, 2007, 13:00 (0 Talkback[s])
(Other stories by Tina Gasperson)
[ Thanks to doloresp for this link.
"One business that relies heavily on open source software is
Genuitec, the company that produces the proprietary
subscription-based MyEclipse interactive development environment.
Low-cost MyEclipse adds functionality to Eclipse, an open source
application development software framework. Genuitec co-founder and
Vice President of Technology Todd Williams says his company is able
to keep prices affordable because it avoided using venture capital
money, and because Genuitec itself is built completely on open
"'Our infrastructure for the Web site, internal development, and
download servers is 100% open source,' Williams says..."