Chumby maker nets cutest Series B round ever
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| Chumby Industries, manufacturer of the eponymous huggable touch-screen Wi-Fi
| widget gadget, announced Monday that it has raised $12.5 million in Series B
| venture funding. The lead investor in the round was JK&B Capital, but
| existing investors Avalon Ventures, Masthead Venture Partners, and O'Reilly
| AlphaTech Ventures also contributed.
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http://crave.cnet.com/8301-1_105-9906360-1.html?part=rss&subj=news&tag=2547-1_3-0-20
Related:
Today’s the day for open source venture funding
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| According to 451 CAOS Theory figures $80.5m worth of open source VC funding
| has been announced in the first 22 days of 2008, compared with $100.4m in the
| whole of the first quarter of 2007.
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http://blogs.the451group.com/opensource/2008/01/22/todays-the-day-for-open-source-venture-funding/
Research: Open source M&A Comes of Age
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| Year Deal volume Significant deals
| 2007 30 Yahoo-Zimbra, Sourcefire-ClamAV, Citrix-XenSource, Red
| Hat-MetaMatrix
| 2006 22 Red Hat-JBoss, Oracle-Sleepycat
| 2005 15 Ingres carve-out, Oracle-Innobase, IBM-Gluecode
| 2004 3 Red Hat-Netscape Enterprise Business
| 2003 6 Novell-SUSE, Red Hat-Sistina
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http://linux.wordpress.com/2008/01/22/research-open-source-ma-comes-of-age/
Open source to hit $22 billion by 2010. What this means for Red Hat and Novell
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| Interestingly, this number jumps to $41 billion if you add in the $19 billion
| that enterprises will invest in internal open-source development instead of
| wasting it on proprietary software licenses, according to Morgan Stanley...
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http://blogs.cnet.com/8301-13505_1-9806036-16.html?tag=cnetfd.blogs.item
Source of the revolution
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| According to Ghosh, the notional value of Europe's investment in
| free/libre or open source software (FLOSS) today is e22bn,
| representing 20.5pc of the region's total software investment.
| Spending on OSS stands at e36bn and accounts for 20pc of software
| expenditure in the US.
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http://www.siliconrepublic.com/news/news.nv?storyid=single8105
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