San Francisco-based GroundWork Open Source, Inc. (GWOS), a provider of commercial open source systems and network management software, has secured $5m in its fourth round of venture capital financing.
The series D financing, which was led by Canaan Partners, includes past investors Mayfield, JAFCO Ventures and SAP Ventures.
The funds will be used to further develop its products. GWOS recently launched www.MonitoringForge.org, a platform designed to support improvements in IT monitoring and network management, and a JBoss-based switch in its flagship product, GroundWork Monitor 6.0.
FinSMEs
13/10/2009