Linux cluster startup secures $3 million funding
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| Terascala Inc., a startup developing a next-generation Linux storage
| cluster architecture, announced today that it has secured $3 million
| in first round funding from Ascent Venture Partners.
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http://www.linux-watch.com/news/NS3733336392.html
Related:
European spend on open source software hits 22bn Euros
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| Rishab Ghosh, a senior researcher at the UN University in Maastricht,
| will tell the Open Ireland conference in Dublin that the spend in the
| US on free/libre or open source software (FLOSS) stands at 36bn
| Euros and accounts for 20pc of software spend in the US.
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http://www.siliconrepublic.com/news/news.nv?storyid=single7850
Open source funding: the complete picture
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| In addition to VC funding, we also took a look at the amounts raised
| by open source vendors via initial public offerings. These figures
| are not included in the totals of $1.89bn or $2.02bn, but for those
| that are interested, between them Red Hat, VA, Caldera, Mandriva,
| Turbolinux and Trolltech raised $319.9m via their IPOs.
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http://www.businessreviewonline.com/os/archives/2007/02/open_source_fun_2.html
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