VC Funding for Open Source Hits an All-Time High | Linux Today

VC Funding for Open Source Hits an All-Time High

Written By
Web Webster
Web Webster
Apr 1, 2008

“The first quarter of 2008 was the most successful quarter in
history in terms of open source vendors raising venture capital
funding, with the amount raised hitting $203.75m, up from $100.40m
in the same quarter of 2007.

“Yes, it is 1 April, and no I’m not joking. Following the plunge
in the fourth quarter of 2007, VC funding started 2008 on a
high…”


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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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