“Linuxcare, Inc., a recognized leader in providing comprehensive
professional services and solutions for Linux and open-source
technologies, has raised US$30 million in its third funding round,
led by Lehman Brothers Venture Capital. Linuxcare’s Series C round
will fuel development and expansion of its four-pronged services,
support, education and certification business model.”
“With this funding round, Linuxcare’s corporate partners
Dell Ventures, the strategic investment arm of Dell Computer Corp.,
Motorola, Inc. [NYSE:MOT] and Sun Microsystems, Inc. [NASDAQ:SUNW]
all increased their existing investments.”
“ITOCHU International, Inc. (http://www.itochu.com), the North
American subsidiary of ITOCHU Corp.–a diversified trading company
with offices in over 80 countries and currently the tenth largest
company in the world–has signed on as one of Linuxcare’s newest
corporate investors.”