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[News] Free Software Startup Gets $10 Million in Funding

  • Subject: [News] Free Software Startup Gets $10 Million in Funding
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Fri, 12 Mar 2010 16:55:21 +0000
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
Hash: SHA1

Is ad blocking the problem?

,----[ Quote ]
| And yet, years and scads of free riders 
| later, open source is bigger than ever. Did 
| the market miss the memo that declared that 
| open-source software had to be monetized 
| directly or would fade into oblivion?
| Of course not. Rather, open-source software 
| developers started to charge for value 
| around or beyond the core open-source 
| software bits. Google gives away immense 
| amounts of open-source software but charges 
| for advertising around it. Facebook 
| contributes actively to open source, too, 
| but also charges for advertising and other 
| services on its site. Red Hat charges for 
| easy access to updates through its Red Hat 
| Network.


Open Source Search Gains Momentum

,----[ Quote ]
| When most people think of search, the term 
| Google comes immediately to mind. But while 
| Google is definitely an industry standard 
| on the Web, the adoption of search engines 
| within the enterprise has been anything but 
| stellar.
| [...]
| Given that context, itâs interesting to see 
| that Lucid Imagination, a provider of 
| search engine technology based on an open 
| source Solr project that is in turn based 
| on the Lucene Java search library, received 
| $10 million in additional financing today.


Open source search startup Lucid Imagination raises $10M


Lucid Imagination Takes $10 Million


Open Source Search Player Lucid Imagination Locks Up Another $10 Million In Funding


Lucid Imagination lands $10M more for enterprise search solutions


Harris: Search and storage startups benefit from explosive growth of data

,----[ Quote ]
| Lucid Imagination, based in San Mateo, 
| today ïannounced $10 million in second-
| round funding led by Shasta Ventures as it 
| builds up a business based on open-source 
| search technologies that has already 
| acquired such customers as Nike, eBay and 
| Sears.


Lucid Imagination Secures $10 Million in Series B Funding


Lucid Imagination Raises $10 Million For Apache Search Technology

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