Benchmark Capital has invested a $10 million first round of capital into Interface21, a two and a half year old Amsterdam, Netherlands company that competes with open source application server company JBoss, among others.
The investment is notable because Benchmark’s Peter Fenton previously backed JBoss, which was bought by RedHat for $420 million last year. Fenton is now leading the investment in Interface21. Fenton backed JBoss while he was at Accel Partners.
Here is the announcement by Interface about the investment.
The company will move to the SF Bay Area this summer.
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VentureBeat » Sun plans to acquire MySQL for $1B, Oracle to buy BEA for $8.5B said:
[...] BEA, Oracle’s latest target in a string of 30 companies acquired over the last three years, is one of the market’s leading application servers, and is popular mainly within large companies. But still, it isn’t part of the fast-emerging, low-cost open source movement. JBoss (bought by RedHat) is a major player there, and there are others, such as Interface21. [...]