Dotnetnuke, a famous. Net open-source CMS system, won the first round of Investment

Document directory

• August capital
• Sitleventures
• Dotnetnuke reports

Dotnetnuke, a well-known. Net-based Open-Source CMS system, recently received the first round of investment. The specific financing amount for the open-source Web application framework, owned and maintained by dotnetnuke Corporation, is unclear. The investors are August capital and sitleventures. Dotnetnuke won the third place in other categories in the 2008 best Open Source CMS competition held in packt Publishing.

Dotnetnuke is a web program framework written in VB. NET. developers can use this framework to create, publish, and manage interactive web, Intranet, and extranet sites. Its dotnetnuke community currently has 0.63 million registered users and has been downloaded for 5.5 million times.

Some details about the financing are unknown, but a blog article written by Shaun Walker, founder of dotnetnuke, In the dotnetnuke community revealed that dotnetnuke took 18 months to complete the round of investment.

August capital

Website: augustcap.com
Location: Menlo Park, California, United States
Founded: August 1, 1995
Investments: dotnetnuke Corporation, mechanical Zoo, adchemy, videoegg, splunk, jaxtr, Technorati, Six Apart

August capital is a venture capital that invests primarily in early-stage technology companies. Currently, it manages $1.3 billion.

Sitleventures

Website: sierraventures.com
Location: Menlo Park, California, United States
Investments: dotnetnuke Corporation, flypaper, parature, classification sense, predictify, webcollage, click forensics, ooyala, and more

Sitleventures is a Private Venture Investor mainly investing in the IT industry.

Dotnetnuke reports

• 2008 Open-Source CMS competition: MVP and best non-PHP/MySQL Awards Announced.
• The final list of the 2008 best open-source CMS competition.

Source: http://www.techcrunch.com/2008/11/27/dotnetnuke-raises-series-a-funding-to-fuel-framework-adoption/
Source: comsharp CMS