“August Capital, has pledged more than $5.5 million as lead
investor in Linux operating system distributor Turbolinux. It’s the
first time Turbolinux accepted outside funding. Turbolinux
President and CEO Cliff Miller says his company plans to close
another round of funding before year’s end. For August Capital, the
investment is a key addition to its growing portfolio of
Linux-related companies.”
“Though Linux has been the talk of the technology industry,
investing in the free operating system still is a big
risk.”