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20050411 Montag April 11, 2005

"VCs Back Open-Source Upstarts"
"SpikeSource isn't saying how much venture capital it received from Kleiner Perkins, but the company boasts a lot of star power on its advisory board. Ray Lane, a general partner at the venture-capital firm and former president and chief operating officer of Oracle, serves as SpikeSource's chairman. MySQL CEO Marten Mickos, Mozilla Foundation president Mitchell Baker, and Brian Behlendorf, a primary developer of the Apache Web server, sit on the advisory board.

GroundWork Open Source Solutions Inc., a provider of open-source-based IT-management software and services, late last month revealed $8.5 million in series B funding, led by Mayfield Fund and Canaan Partners. GroundWork has raised a total of $11.5 million to expand its product and services offerings, as well as build out its marketing and sales programs."

The full article can be found here.
( Apr 11 2005, 07:48:40 AM CEST ) Permalink


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