Tuesday, March 25, 2008

IBM invests in open-source database firm EnterpriseDB | Tech news blog - CNET News.com

Hmmm...

IBM, a fan of many open-source projects, has taken a minority stake in EnterpriseDB, an open-source database that competes with Oracle and MySQL.

On Tuesday, EnterpriseDB is scheduled to announce a $10 million round of funding, with IBM taking a minority stake in the company. Existing investors Charles River Ventures, Fidelity Ventures, and Valhalla Partners led the round.

IBM invests in open-source database firm EnterpriseDB | Tech news blog - CNET News.com

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