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[News] $12,000,000 Goes Into Another Open Source Company

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Talend Secures $12 Million in Funding

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| Talend has just raised a new round of funding.  Round C, for a total of $12 
| million, was led by Balderton Capital, one of the leading Venture Capital 
| firms in the world.  Most notably, Balderton was an early investor in MySQL, 
| one of the most successful open source vendors.  Historic Talend investor AGF 
| Private Equity also participated into this round.  I am also thrilled to 
| announce that Bernard Liautaud, a General Partner with Balderton Capital, and 
| also the founder and former CEO of Business Objects, will now be seating on 
| our Board of Directors.       
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http://www.talend.com/blog/2009/01/25/talend-secures-12-million-in-funding/


Related:

Software Application Vendor Openbravo Secures $12m in the Largest Ever Round
for Open Source ERP

,----[ Quote ]
| Openbravo has developed open source software for enterprise resource planning 
| (ERP), specifically for small and mid-sized enterprises (SME), where market 
| adoption of ERPs is still low since proprietary players have traditionally 
| underserved this market.   
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http://www.earthtimes.org/articles/show/software-application-vendor-openbravo-secures,398375.shtml
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