What Company Is Offering:
Open-Xchange Inc. is the innovator of scalable and integrated open source email and collaboration solutions for enterprises, academic institutions, and government authorities. It provides an on-premise version called Open-Xchange Server Edition, along with Open-Xchange Hosting Edition, which enables web hosting companies to provide an easy-to-use and feature-rich application delivered as Software as a Service (SaaS). The Open-Xchange Hosting Edition is architected to integrate into a hosting provider's existing infrastructure such as authentication, provisioning, billing, and email storage and does not require that these systems be replaced.
How Much They Got From VCs:
Open-Xchange Inc. , the leading provider of open source collaboration software, has closed a Series B round of venture funding totaling $9 million.
The company will use the funds to further develop its software and continue expanding its business in the U.S., Europe and emerging markets.
More at:http://www.open-xchange.com
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