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[News] Millions in Funding Come to FOSS Companies/Projects

  • Subject: [News] Millions in Funding Come to FOSS Companies/Projects
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Wed, 21 Oct 2009 22:23:52 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
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REvolution Computing Raises $9 Million

,----[ Quote ]
| REvolution Computing, the "RedHat" for the open 
| source ?R? statistical computing language, has 
| received $9 million in Series B funding from 
| North Bridge Venture Partners and Intel 
| Capital. The company also announced that 
| founder and former chairman of SPSS, Norman 
| Nie, has been named CEO.
`----

http://www.washingtonpost.com/wp-dyn/content/article/2009/10/20/AR2009102003664.html

Wireless Cables, Inc. has sponsored the development of OpenProximity 2.0, 
an Open-Source software for Bluetooth Proximity Marketing.

,----[ Quote ]
| Open-Source means: increased security, superior 
| reliability, and continuous professional 
| development on all fronts because it is free 
| and supported by the community.
`----

http://www.prleap.com/pr/142410/

SSCI awarded USD750,000 contract to develop open source navigation 
framework for US Air Force

,----[ Quote ]
| Scientific Systems Company Inc (SSCI), a 
| developer of technology solutions for defence 
| and industrial suppliers, announced on Tuesday 
| that the US Air Force has awarded the company a 
| Small Business Investment Research (SBIR) 
| contract worth USD750,000.
`----

http://www.tradingmarkets.com/.site/news/Stock%20News/2592001/


Recent:

Intel Invests $500K In 'Gaming On Demand' Dev TransGaming

,----[ Quote ]
| Intel has invested $500,000 in TransGaming, a Canada-based
| company focused on bringing PC games to other platforms
| like Mac, Linux, and -- eventually -- television sets as
| an "on-demand" service.
`----

http://www.gamasutra.com/php-bin/news_index.php?story=25401
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