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Open Source Funding Plunged in Q4, FY07

Written By
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Web Webster
Web Webster
Jan 3, 2008

“‘I believe last year was actually the peak year of open source
fundraising… This year is down slightly, but not down in such a
dramatic way to indicate anything else but a good appetite for
funding of open source,’ Matrix Partners general manager David Skok
told LinuxInsider in late 2007.

“The raw data indicates open source funding fell more than
slightly in 2007. Disclosed funding deals were down 40.7% to
$323.87m for the full year, compared to $546.3m in 2006…”


Complete Story

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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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