Open Source Funding Down 41% in Q3

“The slowdown in venture capital funding for Linux and open
source-related vendors continued in the third quarter as disclosed
funding deals were down 41.6% to $77.8m*, compared to $133.3m in
the same quarter last year.

“The news is not all bad however, as there are indications that
the downward trend is cyclical, rather than spiral. The level of
investment via seed and Series A funding rounds actually increased
for the second quarter in succession, while the big money for
established vendors went on M&A activity rather than venture

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