Zentyal, the Zaragoza, Spain-based maker of the Zentyal Linux small business server, has raised $1 million in Series A funding from freshly financed and Europe-focused venture capital firm Open Ocean Capital.
Zentyal develops a server solution that combines cloud-based services to make network management easy and secure for small and medium-sized businesses. Basically, it’s an open source alternative to Microsoft’s Windows Small Business Server.
Read more at TechCrunch Europe.
Open Ocean is an early-stage venture capital firm, focusing on disruptive European start-ups developing enterprise software and utilizing user-base business models. Open Ocean was the first major owner of MySQL Ab, which was later sold to Sun Microsystems for $1 billion in 2008. Open Ocean leverages its direct experience as the founders of MySQL to provide hands-on support to the management of companies receiving Open Ocean’s funding. Open Ocean is led by partners Patrik Backman, Ralf Wahlsten and Tom...