Investors showered over $21 million collectively on two open source start-ups last week: Fonality, an Asterisk IP PBX vendor, and GroundWork Open Source, a network management firm. Venture capitalists are betting these companies will challenge larger vendors such as Avaya or Nortel in telephony, or HP or IBM in network management, with lower-cost, open source-based products.
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Friday, February 16, 2007
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