[Zope] FYI: Digital Creations secures $12M round of investment

[Andy McKay]

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
>
>
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