Linux data storage specialist receives additional EUR 4.2m
,----[ Quote ]
| In its second round of funding, Toulouse-born Seanodes has received financial
| backing from its existing investors Elaia Partners and IRDI, as well as
| 123Venture and Galia Gestion.
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http://www.privateequityeurope.com/public/showPage.html?page=344703&tempPageName=480109
Related:
Open source funding back up in Q2
,----[ Quote ]
| Investment in open source vendors rose 33.1% from $73.95m in the second
| quarter of 2006 to $98.45m between the beginning of April and the end of
| June this year.
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http://www.businessreviewonline.com/os/archives/2007/07/open_source_fun_5.html
Management vendors attract VC dollars
,----[ Quote ]
| The investments show that not only are venture capitalists
| interested in the ease of use products promised by newcomers --
| compared with industry veterans BMC Software, CA, HP and IBM --
| but also the vendors' potential appeal to a largely untapped
| market, the small-to-midsize customer.
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http://www.linuxworld.com/news/2007/020907-management-vc-dollars.html?fsrc=rss-linux-news
http://tinyurl.com/2xg7ql
Red Hat profit rises on 42 percent revenue hike
,----[ Quote ]
| Red Hat distributes open source Linux software and charges
| companies a subscription to provide updates and other technical support.
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http://open.itworld.com/5033/070627red/page_1.html
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