“The Miami Valley Venture Fund (MVVF) and TeamLinux Corporation
jointly announced today that MVVF had made a $1 million investment
in TeamLinux Corporation, a new entrant in the exploding open
source and Linux markets.”
“The Miami Valley Venture Fund, established under the
auspices of the Miami Valley Economic Development Coalition
(MVEDC), makes early-stage investments in companies that create
high quality jobs in the Miami Valley.”
“We believe investing in entrepreneurial growth companies in new
business segments is a critical element in our plans for
stimulating wealth and job creation in the Dayton area,” said Ron
Wine, president of MVEDC. “Quality high-tech jobs in rapidly
growing companies like TeamLinux are a valuable asset to our
Community”.