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Today’s the Day for Open Source Venture Funding

Written By
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Web Webster
Web Webster
Jan 23, 2008

“‘2008 is starting with a bang for open source,’ wrote Mark
Radcliffe last week, and he’s not wrong. Not only did we see Sun’s
$1bn acquisition of MySQL, but we’ve also seen an extraordinary
amount of venture capital funding. Today saw no fewer than three
investments announced, with Greenplum landing $27m Series C, Zenoss
closing a $11m Series B round, and Alfresco announcing a $9m Series
C round…

“According to 451 CAOS Theory figures $80.5m worth of open
source VC funding has been announced in the first 22 days of 2008,
compared with $100.4m in the whole of the first quarter of
2007…”


Complete Story

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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