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[News] Lots More Money Keeps Coming to Open Source Software, IPOs Foreseen

  • Subject: [News] Lots More Money Keeps Coming to Open Source Software, IPOs Foreseen
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Thu, 24 Jan 2008 01:30:14 +0000
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
WordPress.com Creator Raises $29.5M

,----[ Quote ]
| While we were chatting, he let it slip that Automattic had raised a whopping 
| $29.5 million in a Series B Round of funding, including a strategic 
| investment from The New York Times Co. Previous investors True Ventures, 
| Polaris Ventures, and Radar Ventures also invested in this round. (Full 
| disclosure: both Automattic and GigaOM are backed by True Ventures.)    
`----

http://gigaom.com/2008/01/22/wordpresscom-creator-raises-29m/

Woohoo.

Zenoss Achieves 500,000 Download Milestone and Announces $11 Million of New
Investment to Continue Rapid Growth

,----[ Quote ]
| Zenoss Inc., the leading commercial open source network and systems 
| management software provider, today announced the achievement of a series of 
| key company milestones including an $11 million round of financing, 500,000 
| downloads of its flagship product and a tenfold annual increase in its 
| commercial customer base. The company enters 2008 with tremendous momentum 
| towards its mission to deliver powerful yet affordable IT management software 
| leveraging the advantages of open source.      
`----

http://www.zenoss.com/news/archive/zenosspressrelease.2008-01-21.2106032992

What is an open source company really worth?

,----[ Quote ]
| My own theory is based on cycles of boom, bust and growth. People will make 
| up excuses to pay anything when there’s a boom on. They will pay nothing when 
| a bust is on. It’s only when we get beyond both that we find out the truth.  
`----

http://blogs.zdnet.com/open-source/?p=1916

Open source IPOs - take two

,----[ Quote ]
| Of course the potential of any open source IPOs at all in the next couple of 
| years will be dependent on market conditions, as well as the increased M&A 
| activity.  
`----

http://blogs.the451group.com/opensource/2008/01/23/open-source-ipos-take-two/


Days ago:

Alfresco Gets Funding for Growth

,----[ Quote ] 
| There's obviously a lot of VC dosh sloshing around in the open source sector 
| at the moment; it's a pity that there aren't many UK players who might 
| benefit. Perhaps now would be a good time to launch some new free software 
| startups here.   
`----

http://www.computerworlduk.com/toolbox/open-source/blogs/index.cfm?entryid=404&blogid=14


Today’s the day for open source venture funding

,----[ Quote ]
| According to 451 CAOS Theory figures $80.5m worth of open source VC funding 
| has been announced in the first 22 days of 2008, compared with $100.4m in the 
| whole of the first quarter of 2007.  
`----

http://blogs.the451group.com/opensource/2008/01/22/todays-the-day-for-open-source-venture-funding/


Research: Open source M&A Comes of Age

,----[ Quote ]
| Year  Deal volume     Significant deals
| 2007  30              Yahoo-Zimbra, Sourcefire-ClamAV, Citrix-XenSource, Red 
|                       Hat-MetaMatrix 
| 2006  22              Red Hat-JBoss, Oracle-Sleepycat
| 2005  15              Ingres carve-out, Oracle-Innobase, IBM-Gluecode
| 2004  3               Red Hat-Netscape Enterprise Business
| 2003  6               Novell-SUSE, Red Hat-Sistina
`----

http://linux.wordpress.com/2008/01/22/research-open-source-ma-comes-of-age/

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