“Amidst the skyrocketing IPOs of several companies linked to the
free Linux operating system, San Francisco’s Linuxcare Inc. has
raised $32 million in venture funding from a bevy of big-time
technology players.”
“In conjunction with this second round of funding, the
company has also acquired three Linux consulting firms aimed at
bolstering its global professional services ranks. And just as
important for an obviously pre-IPO company, it has inked several
deals that promise significant future revenue streams….”
“Founded in 1998, Linuxcare differs somewhat from these
companies because it is not repackaging and selling any Linux
products. Instead, it focuses solely on offering technical support
and professional services for large corporations running
Linux.”