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Red Hat Backs Jaspersoft's Open Source BI

Dec 11, 2008, 07:33 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

[ Thanks to smk for this link. ]

"The round marks the first time that Red Hat has invested in Jaspersoft, a company with which it also partners as part of its Red Hat Exchange program.

""Jaspersoft has closed a round of financing and we're going to be announcing that all of our current investors have participated in this round and also added two new investors -- a late-stage growth fund called Adams Street and also Red Hat," Nick Halsey, vice president of marketing at Jaspersoft, told InternetNews.com.

"According to Halsey, Jaspersoft's new round of financing totaled $12.5 million, bringing the company's total venture financing to $43.5 million to date."

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