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[News] More Backing for Compnies that Drive FOSS on the Cloud

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Engine Yard Closes $15 Million in Series B Financing

,----[ Quote ]
| "Engine Yard's exceptional track record and substantial mindshare
| within the open-source community position the company to be at the
| forefront of two key emerging markets in the computing space: Ruby and
| Rails and cloud computing," said Mr. Sonsini. 
`----

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-14-2008/0004848193&EDATE=
http://tinyurl.com/5ttp5l

News: Open Source PaaS Provider, Morph AppSpace, Supports Cloud-Based Java,
Grails

,----[ Quote ]
| Platform as a Service (PaaS) firm, Morph Labs, has added capabilities to its 
| end-to-end platform as a service, Morph AppSpace, to allow Java and Grails 
| applications to be deployed, delivered and managed.  
`----

http://www.thehostingnews.com/news-open-source-paas-provider-morph-appspace-supports-cloud-based-java-grails-4428.html

Another one for fast deployment of FOSS on the cloud:

JumpBox: Instant Open Source, Just Add Virtualization

,----[ Quote ]
| I love how open source projects are inherently malleable things. Easiest 
| example: the plethora of Linux distributions and hardware ports. Beyond that 
| there's the endless ways open source applications can be repackaged and 
| delivered -- in Linux distro repositories, as a BitNami stack or some other 
| standalone unit ... and now, JumpBox.    
`----

http://www.informationweek.com/blog/main/archives/2008/07/jumpbox_instant.html


Recent:

VC funding for open source rises again in Q2

,----[ Quote ]
| VC funding levels rose again in the second quarter compared to last year, up
| just under 14% to $115.5m, compared to $101.5m in 2Q07. Given the
| overwhelming level of investment in open source vendors seen in the first
| quarter, it was always unlikely that level of momentum would continue into
| Q2.
`----

http://blogs.the451group.com/opensource/2008/07/01/vc-funding-for-open-source-rises-again-in-q2/
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