Talend Secures $12 Million in Funding
Posted in: application development, business intelligence, open source, By: E. Long, At: January 27th, 2009
I was happy to read that Talend secured $12 Million in funding. We’ve long been a proponent of Talend, beginning in early 2008 completely gutting home-grown ETL and Middleware applications and processes by leveraging the open source tool. With quotes on ETL software from the big boys coming in north of $200K, the open source investment (we essentially pay for a “pro” version of the server along with enterprise support — substantially less than $200K).
There is a place for open source in the enterprise. As development shops seek to be more agile, budget-conscious, and innovative this year, the ability to move quickly and without the sometimes bureaucratic-funding-approval-process is important. “Do more with less” remains an important mantra in ‘09 in IT just as it did in ‘08.



