I would also like to add my congratulations to all at Digital Creations. I think this will help DC, Python and Zope become more formidable in the web app and content management marketplaces. This provides DC with increased ability to implement what is in their heads. :) This is an exciting time to be in the Zope community. Woohoo!!! :) Jimmie Houchin Paul Everitt wrote:
Hello Zope friends. At long last we at Digital Creations are able to publicly say it: we've closed a $12M round of investment:
http://www.digicool.com/News/CRound.html
It's out on the newswire now. We'll start pushing it out more over the next 24 hours.
This, needless to say, is a big deal, one that we've worked on really, really hard this year. With the tech market downturn since March, and with Open Source particularly getting a beating, it's vindicating to get good funding from strong partners. When everyone else was getting wads of cash during the go-go times, we were quietly at work, being frugal, making money, making a business case, and being profitable. We're proud to say that we got our money when money was hard to find.
Let's put it this way: Open Source business is hardly dead. It's just different, and better.
What will this mean? First and foremost, Zope and Digital Creations will become very competitive, very quickly, along a number of axes. As the PythonLabs move indicated, we are taking aggressive steps to become a dramatic force in the worlds of content management, web application services, and Open Source leadership. With this round, our business model has been validated.
As a member of the Zope community, I view this as "the dream delivered". Many of us care deeply about this thing we're involved in, and sometimes it feels like a longshot. Though this is still a David vs. Goliath, David now has a slingshot, and a bit of steel in his eye. Thanks go to the folks here at DC, to the Zope and Python communities, and to the companies around the world that are basing their business on Zope.
Onward!
--Paul
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