Monday, April 9, 2007

Open Source fund loses money source!

Open Source fund loses money source

By Nick Farrell, 09 Apr 2007

An open source outfit which funds open source projects through financing from credit cards, is losing its card provider. The Linux Fund cardholders received notice from the Bank of America recently that the program is being discontinued.

The letter says that the Linux Fund recently agreed to discontinue the existing credit card programme after June 30, 2007.

Read the full news report from here @ The Inquirier, UK

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Monday, April 2, 2007

Comcast invests in Vyatta, open source router maker

Comcast invests in Vyatta, open source router maker

By Om Malik - April 1, 2007

Vyatta, a San Mateo, Calif.-based company that makes open source router software and router hardware says it has raised $11 million in Series B funding with Comcast Interactive Capital leading the round of financing. Previous funders - JP Morgan Partners, ComVentures and ArrowPath Venture Partners also invested in this round.

Read the full news item from here @ Giga Om

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