Index Bets on Open Source
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Index Venture Partners, backer of blowout-success Skype, added an open-source company to its stable Thursday with a $5-million investment in business-intelligence software maker Pentaho.
This isn’t the first open-source startup in the European venture firm’s portfolio. It is a backer of MySQL, a Red Herring 100 Europe company. The database startup has gained significant traction internationally, with some $20 million in sales in 2004 (see RH-100 Europe: The Ikea of Databases).
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