Is it still possible for FOSS companies to raise VC capital? February 16, 2009
Posted by Sacha in Finance, JBoss.trackback
Good question, especially in those difficult times.
And it seems the answer is a victorious YES. Here is a short list of some of the 2009 rounds:
- LoopFuse raises 1.4m USD from True Ventures (congrats Roy and the gang);
- Black Duck raises 9.5m USD in a D-series (mix of capital and … debt! congrats
) and Tim Yeaton joins as a CEO (I know observe very closely what happens in the 2 weeks after Tim joins a company
) - Talend raises 12m USD in a C-series round (Frenchies leading a FOSS company – we know that it works
)
Onward,
Sacha
http://www.nuxeo.com/en/news/nuxeo-secures-2-million/
(ok that was in Nov 2008, not 2009, but still worth mentionning)
Yes, you are right, I focused on 2009 only. But no problem, anybody who think should be on this list, feel free to get some visibility by adding a comment
In the same vein, Jaspersoft raised 12.5m USD at the end of 2008.