451 CAOS Theory 
A blog for the enterprise open source community
VC funding for OSS-related vendors down 38% in Q3
Matthew Aslett, October 7, 2010 @ 11:45 am ETVenture capital funding for open source software-related vendors fell 38% in the third quarter, following three consecutive quarters of positive growth.
UPDATE – To put this is some sort of perspective, Venture Beat reports that Q3 was the lowest quarter for VC investments in any field since 2Q09 – UPDATE
According to our preliminary figures, OSS-related vendors raised $65.8m in Q3, compared to $105.9m a year ago. There were 10 deals in the quarter, all with a disclosed deal size, down from 19 total and 18 disclosed in 2Q09, resulting in an average deal size of $6.6m in 3Q10, compared with $5.9m in 3Q09.
Early stage deals announced in the quarter included $10m for Whamcloud and $5m for VoltDB. Later stage deals included $11.6m for Sonatype, $7.5m for EnterpriseDB, $5.5m for Morph Labs, and $5m for Puppet Labs.
The biggest round announced in the quarter was Joyent’s $15m series C round, Intel Capital, with additional support from existing investor Greycroft Partners and new investor Liberty Global.
Total funding for the first three quarters of the year stands at $292, compared to $297.6m in the first three quarters of 2009. It now seems likely that our prediction of flat growth for the full year was optimistic.
Comments (3) Categories: Funding,Software
[...] $4bn following stellar Q4 Matthew Aslett, January 12, 2011 @ 12:19 pm ET When the figures for Q3 showed venture capital funding for open source software-related vendors declined 38% in the third quarter [...]
Unquestionably believe that which you stated. Your favorite justification appeared to be on the net the easiest thing to be aware of. I say to you, I definitely get irked while people think about worries that they plainly don’t know about. You managed to hit the nail upon the top as well as defined out the whole thing without having side effect , people can take a signal. Will probably be back to get more. Thanks
Just wish to say your article is as surprising. The clarity in your post is simply excellent and I could assume you are an expert on this subject. Well with your permission let me to grab your feed to keep updated with forthcoming post. Thanks a million and please keep up the rewarding work.