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

Jimmie Houchin jhouchin@texoma.net
Wed, 15 Nov 2000 16:07:51 -0600


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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