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VCs Hope To Leverage Linux Community, Technology

Publication:Linux InsiderDate:Jan 03 2005
Reporter:Lisa Stapleton

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The year 2004 might someday be remembered as the year that venture capitalists got interested in open source interested enough to fund a number of new companies based on open source, especially Linux.

The year saw a number of funding rounds for such companies as high-end Linux cluster firm Penguin Computing and Linux Networx and investor interest in open-source companies has been rising so quickly that some analysts say they worry about a possible open-source investment run-up similar to the Internet bubble that virtually defined the turn of the millennium.




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