Solid Information Technology, best known to the open source community as the providers of a new enterprise storage engine for MySQL, announced this week that it secured four million euros for the expansion of its open source initiatives (press release). The investors participating in this financing were Apax Partners and CapMan.
Although Solid is based in the United States, its investors are both European. I guess this explains why the press release lists the funding amount in euros and not dollars. I wonder if we will see more funding announcements preferring the euro as the currency of record. I left the euro symbol out of this post due to some character set issues.