OpenLogic, provider of software, stacks and support that enable enterprises to easily deploy and manage customized open source environments, today announced it has completed a $4.3 million round of financing.
The new investment includes funding from UV Partners, Appian Ventures, Village Ventures, Highway 12 Ventures and Red Rock Ventures. In addition, several members of OpenLogic's executive team, excited about OpenLogic's accomplishments and prospects, have joined the round.
"OpenLogic has exceeded its goals and validated its enterprise strategy over the past 12 months," said Steven Grandchamp, CEO of OpenLogic. "We've launched our flagship enterprise product, launched a new federated enterprise-grade support model for over 160 open source products, and signed up large customers including Fujitsu SSL, GAI and one of the largest insurance companies in the world."
"We see a growing market opportunity to manage open source that OpenLogic is uniquely qualified to address," said Kip Myers, of Red Rock Ventures. "We're also very pleased to see OpenLogic executing on its enterprise strategy. OpenLogic is proving that with the right strategy and the right execution, there is a large opportunity to manage open source in the enterprise."