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Open Source Weblog
VCs splash more cash on open source
September 20, 2006
Over $700m has been invested in the open source companies tracked by this blog, up from $515m the last time we took a look at it thanks to funding rounds for Vyatta, Open-Xchange, SpikeSource, and Linux Networx.
One of the worst things about returning from holiday is that after deleting thousands of emails and checking nothing earth shattering has happened while you were away by surfing various blogs and news sites, you finally have to actually do some work and find something to write about.
The various funding rounds that happened while I was away solved that dilemma, with Linux Networx raising $37m, SpikeSource $24m, Vyatta $7.5m, and Open-Xchange an undisclosed amount.
Even with Open-Xchange keeping its figures private, those four deals boosted the amount of money invested in open source vendors tracked by CBR to $705.3m, up from $515m in June and $362m the first time the list was assembled in February.
The latest total takes into account the addition of Digium, Fonality, Zmanda, and Zenoss to the list thanks to their funding rounds.
Some of the usual suspects cropped up again with Intel, Kleiner Perkins Caufield & Byers and Fidelity adding to their investment in SpikeSource. There were also some new names, however, with Lehman Brothers investing in Linux Networx and JP Morgan investing in Vyatta.
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