According to figures collected by Computer Business Review, investment in open source vendors rose 33.1% from $73.95m in the second quarter of 2006 to $98.45m between the beginning of April and the end of June this year.
Investment in the first quarter of 2007 was down 27.5% to $100.4m, resulting in an overall decline in open source funding in the first half of the year of 6.4% to $198.85m, compared to $212.30m in 2006.
Of a total of 15 investment deals in the second quarter 12 had disclosed investment value, giving an average deal size of $8.20m, compared to $7.36m from 10 deals with disclosed value in the second quarter of last year.
For the first half of the year a total of 27 deals were done, 23 of which had a value disclosed, giving an average deal size of $8.65m, while there were 24 disclosed deals done in the first half of 2006, with an average deal size of $8.85m.
The biggest deal of the quarter was done by real-time Linux specialist Concurrent via its $14m private placement, while open source ESB vendor MuleSource raised $12.5m in May. JasperSoft is meanwhile on its way to closing a $12.27m Series D round, but had only secured $11.0m by the end of quarter.
