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Fundraising and Open Source Resilience
,----[ Quote ]
| This month marks an important milestone for Jaspersoft and the beginning of
| the next seminal period for open source software. Earlier this week, we
| announced the closing of a $12.5 million fundraising effort that provides
| Jaspersoft with its next round of operating capital.
`----
http://jasperforge.org/jasperlyc/src/lyceum/admi/2008/12/15/fundraising-and-open-source-resilience/
Likewise seeks AD Middle Ground
,----[ Quote ]
| Likewise Software, which specializes in getting Linux and other Unix systems
| to work with AD (Active Directory) authentication, management, and auditing
| is offering a middle ground program between its open-source version, Likewise
| Open, and its enterprise edition, Likewise Enterprise: Likewise Open with
| Cell Module.
`----
http://practical-tech.com/network/likewise-seeks-ad-middle-ground/
Recent:
Jaspersoft Secures $12.5 Million in Venture Funding
,----[ Quote ]
| Red Hat Inc. is a leading developer and provider of open source software and
| services including the Red Hat Linux operating system. Unlike proprietary
| software open source software has publicly available source code and can be
| copied modified and distributed with minimal restrictions. The web site
| REDHAT.COM is a leading online source of information and news about open
| source software and one of the largest online communities of open source
| software users and developers. Red Hat Inc. has a market cap of $1.77
| billion; its shares were traded at around $12.36 with a P/E ratio of 25.4 and
| P/S ratio of 3.39. Red Hat Inc. had an annual average earning growth of 87.8%
| over the past 5 years.
`----
http://www.gurufocus.com/news.php?id=40333
Lucid Imagination Raises $6 Million for Open Source Search Support
,----[ Quote ]
| Lucid Imagination, a startup in Newton Highlands, MA, that specializes in
| support and services for the open-source search technologies Lucene and Solr,
| has collected $6 million out of a $7.5 million Series A financing round,
| according to a report yesterday in Private Equity Hub.
`----
http://www.xconomy.com/boston/2008/12/10/lucid-imagination-raises-6-million-for-open-source-search-support/
Open source ECM player takes on funding, swaps out CEO
,----[ Quote ]
| Nuxeo, the French open source content management vendor, has taken on £1.7m
| in a Series A funding round led by OTC Asset Management. It also announced
| that founder and CEO Stefane Fermigier has stepped up to the chairman role,
| while Eric Barroca has taken over as CEO.
`----
http://www.businessreviewonline.com/os/archives/2008/11/open_source_ecm_1.html
Zimbra co-founder invests in Dimdim’s open source web meetings
,----[ Quote ]
| Dharmaraj says he put his money into Dimdim because its technology
| complements Zimbra’s. Both offer open source software for different aspects
| of collaboration. Zimbra — which Dharmaraj sold to Yahoo for $350 million
| last year, and which he continues to lead from within Yahoo — offers a
| desktop client that incorporates email, documents, task management and more.
| Dimdim provides a basic suite of web meeting features which you can use for
| free (making it a more affordable alternative to web meetings products like
| WebEx and GoToMeeting).
`----
http://venturebeat.com/2008/10/21/zimbra-co-founder-invests-in-dimdims-open-source-web-meetings/
SpringSource Announces $15 Million Series B Round of Financing
,----[ Quote ]
| SpringSource, the company behind Spring, the de facto standard in enterprise
| Java, and a leading provider of infrastructure software, today announced it
| has closed a $15 million round of financing...
`----
http://www.springsource.com/node/393
Related:
Open source to hit $22 billion by 2010. What this means for Red Hat and Novell
,----[ Quote ]
| 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...
`----
http://blogs.cnet.com/8301-13505_1-9806036-16.html?tag=cnetfd.blogs.item
Source of the revolution
,----[ Quote ]
| 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.
`----
http://www.siliconrepublic.com/news/news.nv?storyid=single8105
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