Monday, November 07, 2005

Open-source investing

Data from the National Venture Capital Association confirms what anybody following open-source has already seen: more small companies are launching around open-source products and business models.
Through the third quarter this year, at least 18 companies have received funding, totaling nearly $145 million put into companies with 'open source' as part of their business plan description.

That influx of money has some people wondering whether there are too many open-source companies getting funding.