January 3, 2008
Open source funding plunged in Q4, FY07
The raw data indicates open source funding fell more than slightly in 2007. Disclosed funding deals were down 40.7% to $323.87m for the full year, compared to $546.3m in 2006. While a reduction in funding had been expected after the huge levels seen in 2006, a dramatic reduction in funding during the fourth quarter meant that total funding for 2007 was also lower than the $334.82m raised in 2005.