November 5, 2008

Open-Xchange Secures Funding, Charts Plans for Growth

With the economy as volatile as it has been, there has been a good deal of speculation (both positive and downright pessimistic) about how open source companies will negotiate the ups and downs to come.

Today, Open-Xchange must be feeling quite optimistic, as it announced it's just closed a round of venture funding totaling $9 million and has four times the number of paid mailboxes now than it did last year. The company is focusing on a decidedly rosy looking future.



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