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LinuxPR: NY VC funds ActiveState: International Angels Invest in Software Development Company

Sep 26, 2000, 23:17 (1 Talkback[s])

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"ActiveState sets the standard for delivering high quality tools to the Perl and Python communities."

"ActiveState, a leading provider of Internet programming software and services, announced the closure of its latest round of financing, which included lead funding by NY venture capital firm Opticality Ventures, which specializes in backing open source firms."

"ActiveState also received strategic investments from ActiveState Board Member and Red Hat CTO Michael Tiemann; Nick Bedford, Head of German Equity Sales for the investment banking firm, Warburg, Dillon & Reid AG; and renowned members of Vancouver's high tech community."

Press Release