Open Source Today

An open-source web services startup, WSO2, has raised U.S.$4 million in capital from Intel and along with it, the perception of open-source companies as viable businesses.

Intel is WSO2’s sole investor at present. While it has a history of investing in open-source startups such as MySQL, JBoss and Zend Technologies, Intel’s willingness to take a bet on WSO2 is an important boost to the idea of profitable open-source based business. Not to mention an indicator that the industry is increasingly moving towards a service orientated architecture (SOA).