JasperSoft Wins $8M Funding

"JasperSoft, a developer of open-source reporting software, said on Wednesday that it closed an $8-million third round of funding, led by Partech International, an early investor in Business Objects and Informatica. Other investors included Doll Capital Management and Morgenthaler Ventures, which also participated in the initial two rounds of funding for JasperSoft."

[RED HERRING]

Too much hype (and soon to-be competition, not to mention lack of sustainable business model) around open-source apps - crm, virtualization, erp, etc.