GroundWork Open Source Closes $5 Million in Series D Financing

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, 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.



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