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Red Herring: Kleiner Perkins funds Linux startup

“Kleiner Perkins, CMEA Ventures, the Sand Hill Group… and
angel investors have invested a first-round funding in Linuxcare, a
San Francisco-based Linux startup.”

“Stacey Quandt, an analyst with the Giga Information Group,
comments, “As far as services and support, Linuxcare has really
developed a niche market for itself.”

“According to Steve Kleynhans, vice president of the Meta
Group’s work group on computing strategies, there is a lot of hype
in the market…”

“The bottom line, according to the analyst? “We don’t foresee
Linux having any impact on Microsoft in the next two to three
years.”

Complete
story
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