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:Open Source Funding Down 41% in Q3
Open Source Funding Down 41% in Q3
Oct 2, 2007, 18 :00 UTC (0 Talkback[s]) (3162 reads)

(Other stories by Matthew Aslett)

"The slowdown in venture capital funding for Linux and open source-related vendors continued in the third quarter as disclosed funding deals were down 41.6% to $77.8m*, compared to $133.3m in the same quarter last year.

"The news is not all bad however, as there are indications that the downward trend is cyclical, rather than spiral. The level of investment via seed and Series A funding rounds actually increased for the second quarter in succession, while the big money for established vendors went on M&A activity rather than venture funding..."

Complete Story

Related Stories:
Public Advocacy for Open Source Software--Preferences and Requirements(Sep 28, 2007)
Winblad: Open Source VC Funding Is Not Drying Up(Sep 28, 2007)
How Open Source Software Can Improve Our Library(Sep 14, 2007)
Astaro "Paved the Way" for VC-Funded Open Source Companies(Sep 02, 2007)



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