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

Gijs Reulen greulen@gilsing.nl
Tue, 14 Nov 2000 22:57:11 +0100


> 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
> >
> >
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