FYI: Digital Creations secures $12M round of investment
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
Let me be among the first to say, "Congratulations." I know you guys have worked for this, and I'm glad to see it came through. --Jeff
On 14/11/00 3:15 am, "Paul Everitt" <paul@digicool.com> 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 is excellent news. Congratulations to all the DC troops... ------ Dr Tony McDonald, Assistant Director, FMCC, http://www.fmcc.org.uk/ The Medical School, Newcastle University Tel: +44 191 222 5116 A Zope list for UK HE/FE http://www.fmcc.org.uk/mailman/listinfo/zope
Congrats! It is great to see a company that has not only pledged itself to the Open Source Movement but been extremely successful in doing so. Keep up the great work, good fight and outstanding products. Looking forward to seeing what else you have up your collective sleeves. J At 10:15 PM -0500 11/13/2000, 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.
"content management", says Paul Is that word different from "content management system"? Known also as CMS? My mother tongue is not english, but this feels like a techie (or perhaps e-business) question of english. I feel that if I were to deliver a management interface for a client I would probably not give them /manage access. Rather I would give them a few Security protected forms to fill in and work with. Sometimes people say "Zope?? Isn't it that content mangement system tool for portals an stuff?" I think of a content management system as an interface to handle content such as images and text and files etc. And the content management system Zope has, as an interface to handle objects and work and visualization etc. Am I completely wrong, or is there a big confusion with these words?
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.
Congratulations, with Guido and pals moving to DC as well this is a great month for DC and Zope. -- Andy McKay, Developer. ActiveState. ----- Original Message ----- From: "Paul Everitt" <paul@digicool.com> To: <zope@zope.org> Cc: <zope-announce@zope.org> Sent: Monday, November 13, 2000 7:15 PM Subject: [Zope] FYI: Digital Creations secures $12M round of investment
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
_______________________________________________ Zope maillist - Zope@zope.org http://lists.zope.org/mailman/listinfo/zope ** No cross posts or HTML encoding! ** (Related lists - http://lists.zope.org/mailman/listinfo/zope-announce http://lists.zope.org/mailman/listinfo/zope-dev )
Congratulations, with Guido and pals moving to DC as well this is a great month for DC and Zope.
All good things come in three, as we say in the Netherlands. Wonder what will happen next .... ;-) Gijs
-- Andy McKay, Developer. ActiveState.
----- Original Message ----- From: "Paul Everitt" <paul@digicool.com> To: <zope@zope.org> Cc: <zope-announce@zope.org> Sent: Monday, November 13, 2000 7:15 PM Subject: [Zope] FYI: Digital Creations secures $12M round of investment
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
_______________________________________________ Zope maillist - Zope@zope.org http://lists.zope.org/mailman/listinfo/zope ** No cross posts or HTML encoding! ** (Related lists - http://lists.zope.org/mailman/listinfo/zope-announce http://lists.zope.org/mailman/listinfo/zope-dev )
_______________________________________________ Zope maillist - Zope@zope.org http://lists.zope.org/mailman/listinfo/zope ** No cross posts or HTML encoding! ** (Related lists - http://lists.zope.org/mailman/listinfo/zope-announce http://lists.zope.org/mailman/listinfo/zope-dev )
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:
Congratulations, Paul. Vindication is sweet. Looking forward to DC's continued development as a company. Michael Bernstein.
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
_______________________________________________ Zope maillist - Zope@zope.org http://lists.zope.org/mailman/listinfo/zope ** No cross posts or HTML encoding! ** (Related lists - http://lists.zope.org/mailman/listinfo/zope-announce http://lists.zope.org/mailman/listinfo/zope-dev )
participants (9)
-
Andy McKay -
Gijs Reulen -
J. Atwood -
Jeff K. Hoffman -
Jimmie Houchin -
Michael Bernstein -
Paul Everitt -
peter bengtson -
Tony McDonald