:Astaro "Paved the Way" for VC-Funded Open Source Companies
Astaro "Paved the Way" for VC-Funded Open Source Companies Sep 2, 2007, 02 :00 UTC (1 Talkback[s]) (3993 reads) (Other stories by Tina Gasperson)
"Astaro makes and markets a network appliance built on Linux and a complement of open source tools to help prevent spam, viruses, and other potential Internet intrusions. When Astaro's founders launched the company in 2000, venture capital funding for open source businesses was hard to find. CEO Jan Hichert says he and his colleagues tried but failed to secure funding and had to bootstrap. After the company was proved successful, VCs proved more willing to contribute to a company built on open source.
"Hichert and partners Ludwig Lutter and Markus Henning were working for an ISP in Germany when they began to appreciate the wealth of open source tools that were available to protect networks from Internet threats..."
