Two open source funding announcements yesterday (Vyatta and Silicon Navigator) reminded me that I needed to also post the March funding announcements for Avidence and Penguin Computing.
Avidence: March 19th funding announcement (press release) of $5m in Series A by Red Rock Ventures and ArrowPath Venture Partners. Avidence is an early-stage startup in the process of developing an open source platform for digital video.
Penguin Computing: March 29th funding announcement (press release) of $9m in Series B, led by vSpring Capital, with participation from existing investors San Francisco Equity …
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