"With the backing of technology heavyweights, San
Francisco-based Linuxcare on Tuesday announced it will receive
$32.5 million in venture funding -- the largest single-round amount
for a Linux company to date."
"It will be the second round of venture-backed funding for
the 120-employee company, and possibly the last before the company
tries a public stock offering, says Fernand Sarrat,
Linuxcare's chief executive. The company's main backer this round
is Patricof & Co. Ventures, with additional funding from Apax
Partners Europe, the company announced."
"According to Linuxcare executives, the two venture backers are
putting down "slightly more than a third" of the round's total
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