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[News] Linux Company Attracts $9 Million in Investments

Penguin Computing gets $9 million in funding

,----[ Quote ]
| The software will be used to develop Penguin's Scyld ClusterWare software, 
| which is designed to manage groups of Linux machines linked into a 
| computing cluster. Ed Ekstrom from vSpring Capital has joined Penguin's 
| board.
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http://news.com.com/2110-7344_3-6171521.html?part=rss&tag=2547-1_3-0-5&subj=news
http://tinyurl.com/39qxq4


Related:

Linux cluster startup secures $3 million funding

,----[ Quote ]
| Terascala Inc., a startup developing a next-generation Linux storage
| cluster architecture, announced today that it has secured $3 million
| in first round funding from Ascent Venture Partners. 
`----

http://www.linux-watch.com/news/NS3733336392.html


European spend on open source software hits 22bn Euros

,----[ Quote ]
| Rishab Ghosh, a senior researcher at the UN University in Maastricht,
| will tell the Open Ireland conference in Dublin that the spend in the
| US on free/libre or open source software (FLOSS) stands at 36bn
| Euros and accounts for 20pc of software spend in the US.
`----

http://www.siliconrepublic.com/news/news.nv?storyid=single7850


Open source funding: the complete picture

,----[ Quote ]
| In addition to VC funding, we also took a look at the amounts raised
| by open source vendors via initial public offerings. These figures
| are not included in the totals of $1.89bn or $2.02bn, but for those
| that are interested, between them Red Hat, VA, Caldera, Mandriva,
| Turbolinux and Trolltech raised $319.9m via their IPOs.
`----

http://www.businessreviewonline.com/os/archives/2007/02/open_source_fun_2.html

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