Linux data storage specialist receives additional EUR 4.2m

,----[ Quote ]
| In its second round of funding, Toulouse-born Seanodes has received financial
| backing from its existing investors Elaia Partners and IRDI, as well as
| 123Venture and Galia Gestion.
`----

http://www.privateequityeurope.com/p...ageName=480109


Related:

Open source funding back up in Q2

,----[ Quote ]
| Investment in open source vendors rose 33.1% from $73.95m in the second
| quarter of 2006 to $98.45m between the beginning of April and the end of
| June this year.
`----

http://www.businessreviewonline.com/...rce_fun_5.html


Management vendors attract VC dollars

,----[ Quote ]
| The investments show that not only are venture capitalists
| interested in the ease of use products promised by newcomers --
| compared with industry veterans BMC Software, CA, HP and IBM --
| but also the vendors' potential appeal to a largely untapped
| market, the small-to-midsize customer.
`----

http://www.linuxworld.com/news/2007/...rss-linux-news
http://tinyurl.com/2xg7ql


Red Hat profit rises on 42 percent revenue hike

,----[ Quote ]
| Red Hat distributes open source Linux software and charges
| companies a subscription to provide updates and other technical support.
`----

http://open.itworld.com/5033/070627red/page_1.html