451 CAOS Theory 
A blog for the enterprise open source community
VC funding for open source rises again in Q2
Matthew Aslett, July 1, 2008 @ 5:02 am ETThe figures originally reported here were preliminary and have been revised for a formal CAOS report to be published in the first half of 2009. In the interests of accuracy this data has now been removed. For a full assessment of VC funding in 2008 see this post.
Comments (9) Categories: Funding,Software
Seems like an all-time high for Q2. The second chart is deceiving because it doesn’t show *projected* value for 2008.
Almost. $149.4m was raised in 2Q00, although 2000-2003 isn’t represented on the chart above as with that many bars it loses all meaning. These charts are running off live data so it’s not possible to show projected numbers. On the other hand, as more deals are added to the database the 2008 value will automatically increase.
If you take 2006 as a seasonly reference, then an all-time high for 2008 (recession year) can be expected, but the same cannot be said if you look at 2007. Interesting how it fluctuates.
I wonder if 2007q1 and 2007q2 were affected by “Microsoft Takes on the Free World”.
Oops, make that 2007 Q3 and Q4, not Q1 and Q2.
I wouldn’t have thought so. I think a number of deals were held over (for whatever reason) into 1Q08, which made the fluctuation from 2H07 to 1H08 so dramatic. There is also a theory that some deals were done in 1H08 because vendors fear it will be harder to raise cash later in th year due to recession, which is why I am tentative on predicting a record year. Time will tell.
[...] rose to $115 million in the second quarter, a 14 percent increase over the same period a year ago, according to The 451 Group. And funding for the first half of the year is up 62 percent over the first half [...]
[...] the fantastic OStatic blog posted an interesting article about venture funding in the open source space. It is great to see that VCs seem to warm up to open source projects (total spending in Q2 2008 was [...]
[...] The decline is not exactly unexpected. The overall market was down nearly 6% according to figures from The National Venture Capital Association and Thomson Reuters, while there was bound to be some hangover for open source following the most successful quarter ever in Q1 and solid growth in Q2. [...]
[...] lot of open source vendors raised funds in the first half of the year, but a significant number didn’t and even though there is money [...]