Wednesday, July 19

Open source is validated by $8M

It is great to receive validation for what you work hard for. Venture capital funding to the tune of $13M over 8 months says there is a serious new competitor in town. This VC funding validates Pentaho's open source business model and potential to compete.

Interestingly, their product suite sounds similar to the existing BI vendors. "An integrated BI platform with OLAP, reporting, ETL, and data mining."

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