VCs Hope To Leverage Linux Community, Technology
The year 2004 might someday be remembered as the year that venture capitalists got interested in open source Relevant Products/Services from Sybase ASE Linux Express Edition – FREE Latest News about 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 Latest News about 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.
"Open source is definitely a hot topic with the venture capital community, there's no question about that" John Rymer, vice-president of research at Forrester Research, told LinuxInsider.
"It's where most of the innovation -- outside of Microsoft (Nasdaq: MSFT) Latest News about Microsoft -- has moved," he said.
