Today’s the Day for Open Source Venture Funding

“‘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…”

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