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Reductive Labs, Moving to Portland, Raises $2M for Open Source IT Automation
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| Portland, OR, is gaining an interesting new software company—and this one
| comes with its own venture funding. Reductive Labs, an open-source startup
| that helps companies automate their IT management, announced today it has
| raised $2 million in Series A financing led by True Ventures in Palo Alto,
| CA. True Ventures put in $1.75 million, and private investors pitched in the
| remaining $250,000. The deal closed earlier this month, according to
| Reductive Labs co-founder Andrew Shafer.
|
| [...]
|
| Puppet is free to use, and Reductive Labs sells support for customers if they
| want it. “We tend to do business with people with very large operations.
| They’re the ones who really feel a need for this kind of automation,” says
| Shafer. “We are classic open source—we have service, training, and support
| contracts.”
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http://www.xconomy.com/seattle/2009/06/23/reductive-labs-moving-to-portland-raises-2m-for-open-source-it-automation/
Recent:
Lucid Imagination scares up funds for open-source search software
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| Lucid Imagination, maker of open-source search software tailored to
| enterprise applications, has added undisclosed funds from In-Q-Tel to its
| first round of capital. It had previously raised $6 million in the round from
| Granite Ventures and Walden International, according to VentureWire.
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http://venturebeat.com/2009/06/18/lucid-imagination-scares-up-funds-for-open-source-search-software/
In-Q-Tel embraces open-source search
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| Lucid, of San Mateo, Calif., will use the funding to develop applications
| around Lucene and Solr and build the infrastructure to support customers in
| the intelligence community. The amount of funding from In-Q-Tel was not
| disclosed. Since September 2008, Lucid has raised $6.2 million in venture
| capital, including the money from In-Q-Tel.
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http://washingtontechnology.com/articles/2009/06/17/in-q-tel-invests-in-open-source.aspx
CIA's Technology Arm Taps Open Source for Enterprise Search
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| The company in charge of providing technology to the U.S. intelligence
| community has invested in an open-source firm to provide enterprise-search
| technology to the CIA and other intelligence agencies.
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http://www.pcworld.com/businesscenter/article/166772/cias_technology_arm_taps_open_source_for_enterprise_search.html
CIA Invests in Open Source Lucene, Solr Search
http://www.cmswire.com/cms/enterprise-20/cia-invests-in-open-source-lucene-solr-search-004830.php
Recession and FOSS
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| The key to promote Linux effectively not only lies with Linux enthusiasts but
| also with Open Source vendors who are yet to find out a way in which it can
| be monetized efficiently to expand recognition amongst its probable user
| base.
|
| [...]
|
| An Open Source product or service will be able to get buyers who are bereft
| of major cash inflows and the business operations shall hence continue
| successfully. The best thing that could happen to Linux is its emergence as
| the top alternative to Microsoft. Open Source tools such as PostgreSQL, Ruby,
| Perl, Python, and Ubuntu etc. can be used as a substitute to do most work
| that Microsoft does, of course with a difference in terms of use,
| installation, features and support. This will probably be of tremendous help
| to FOSS in retaining its “free aspect” USP.
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http://brajeshwar.com/2009/recession-and-foss/
Red Hat Gets Boost From Tighter IT Budgets
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| Linux distributor Red Hat is seeing increased demand for its products even as
| the recession forces many companies to slash their IT budgets, said Red Hat
| CEO James Whitehurst.
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http://www.cnbc.com/id/30348126
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