VC Funding for Open Source Hits an All-Time High

“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

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