A blog for the enterprise open source community
The attraction of Silicon ValleyRaven Zachary, October 3, 2006 @ 5:22 pm ET
Compiere announced today that it has completed its relocation to Silicon Valley (press release). The company was previously located in Portland, Oregon, although only for a short time, having moved from Monroe, Connecticut. The relocation to Silicon Valley was first made public as part of its $6m funding announcement early this year (press release). I blogged about this in June, when I was on the verge of my own relocation…to Portland.
Compiere’s move to Silicon Valley places it closer to its Series A investor, NEA (New Enterprise Associates), and near Oracle, with ERP and CRM talent available for recruiting. Although there is nothing particularly regional about the open source movement, Silicon Valley is the center of venture-funded open source startup activity.
As I wrote in my June 2006 blog posting:
It’s no secret that I like the geographically diverse nature of open source. There is nothing about open source that is particularly related to Silicon Valley – it’s a global phenomenon. The connection relates to the amount of technology venture capital and entrepreneurs in Silicon Valley, but there’s no reason why an open source company cannot be successful outside of California. We’ve already seen some great proofs of this. California is full of some very smart people, and it remains the center of the software business world, but it’s not the entirety of the software business world.
As much as I will miss Compiere’s presence in Portland, I think that the move is understandable. Operating costs will go up for the company, but access to talent and the partner ecosystem will go up, too.
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