Open source grabs more and more funding

Open source software continues its torrid pace. In fact, according to a report from the 451 Group, the sector saw its biggest quarter for venture funding — hitting $203.75 million, which is up from $100.4 million in the same period a year ago.

Why the interest? Well, I had a chance to interview Matthew Aslett, who is an analyst of enterprise software at the 451 Group.

Your take on the focus on open source?

VCs are interested in open source vendors because the open source development and distribution models reduce start-up costs and lower the barriers to entry.