Tuesday, July 19, 2005

ActiveGrid Announcements: $10M Funding, LAMP Partners

ActiveGrid has made a couple of announcements in the past few weeks. Today, we are announcing that we have closed a $10 million round of funding led by Worldview Technology Partners. Irwin Gross of Worldview has joined ActiveGrid's board. Irwin understood the potential of ActiveGrid from our first meeting. He started Wilson Sonsini's IP practice and has a great understanding of open source - in short, a VC who knows the differences between BSD, ASL, GPL, LGPL, and MPL!

A couple of weeks ago, we announced partnerships with the LAMP ecosystem principals:

L - Novell & Red Hat
A - Covalent
P - Zend & Python Software Foundation

Our upcoming 1.0 product is certified to run on Novell SuSe & Red Hat Linux and includes technology from Covalent, MySQL, and Zend. We have signed third tier support arrangements with these vendors so that we will be able to resolve any customer issues without passing the buck.

An interesting side note to this was that we had a great round table interview with Martin LaMonica of CNET with the all of the LAMP principals. Mark Brewer, CEO of Covalent, Marten Mickos, CEO of MySQL, Doron Gerstel, CEO of Zend, and Angie Angerson, VP Platforms of Novell participated. It was a lively discussion, and to everyone's recollection, it was the first time there has been an event with all of the LAMP principals.

The $10 million in additional funding and the LAMP ecosystem partnerships are a big boost for us to bring LAMP into the enterprise.