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Benchmark Gets New Blood for More Open Source

Feb 20, 2008, 04:00 (0 Talkback[s])
(Other stories by Jay Lyman)

"The M&A action around open source continues to thunder into 2008. While we've barely had a single week without a major acquisition or two involving open source, a new sign of activity emerged this week. Benchmark Capital is adding entrepreneurs to its ranks with a significant focus on open source.

"Benchmark, already a big backer of open source ventures including Red Hat, MySQL, Hyperic, SpringSource and Zimbra, said this week it would be bringing on four new executives, two of whom would work to continue the firm's success in open source..."

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