OStatic

Even though the economy is rough all over, this really is one of the best times to be working in an open source company. There are advantages for those running the business, and for those using its services. Perhaps the only better arrangement would be along the lines of what Likewise Software has put together -- an open source company developing and offering support services for software that integrates and secures mixed network environments.

There are a lot of mixed networks out in the wild, of course. This is why Likewise has successfully secured a $10 million Series C round of funding, which the company plans to use to pursue growth in new markets and fund the development of its product line.

The Mozilla Foundation's Mitchell Baker reported yesterday that Mozilla's revenues were up approximately 12% in 2007 over 2006. She also mentions a few matters that are worrisome. Though eWeek's Joe Wilcox's predictions of Firefox's demise are premature and without a doubt require a sizeable grain of salt, he makes a good point concerning revenues coming from Google versus Google's commitment to the Chrome browser.

With the economy as volatile as it has been, there has been a good deal of speculation (both positive and downright pessimistic) about how open source companies will negotiate the ups and downs to come.

Today, Open-Xchange must be feeling quite optimistic, as it announced it's just closed a round of venture funding totaling $9 million and has four times the number of paid mailboxes now than it did last year. The company is focusing on a decidedly rosy looking future.