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September 11, 2008 3:07 PM PDT

Monty Widenius invests in Act II: IT Mill

by Matt Asay

Well, that didn't take long. Monty Widenius, one of the founders of MySQL, resigned from Sun Microsystems last week but has already invested some of his hard-earned MySQL dollars in IT Mill, a Finland-based open-source start-up focused on the development of Rich Internet Applications.

While no mention is made of anything other than a financial investment and advisory role for Monty, it's good to see him sticking close to open source and to business. Monty notes that he sees 10 to 15 Finnish companies worthy of investment. It's safe to assume he'll have some money left over, even despite the strong euro.

Matt Asay brings a decade of in-the-trenches open-source business and legal experience to The Open Road, with an emphasis on emerging open-source business strategies and opportunities. Matt is vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure. You can follow Matt on Twitter @mjasay.
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About The Open Road

Matt Asay brings a decade of in-the-trenches open-source business and legal experience to the Open Road, with an emphasis on emerging open-source business strategies and opportunities. Matt is general manager of the Americas division and vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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