Congratulations are due to the Digium gang. After months of speculation, Digium has landed $13.8 million in financing from Matrix Partners. The company says the money will be used to finance growth, since they’re already profitable.
Perhaps the biggest winner in this will be Matrix Partners. Digium’s decision to take financing when already profitable is eerily similar to Microsoft’s decision to take an investment from David Marquardt in 1981, prior to their 1986 IPO. Marquardt’s gamble payed off handsomely.
Alec Saunders is the Vice President of Developer Relations for BlackBerry maker Research in Motion. This is his personal blog, with his personal viewpoints. Prior to this Alec was the CEO and co-founder of Calliflower — the easiest way to hold a meeting, online, on a conference call, or on the go. A double-decade veteran of product management and marketing, he spent nine years at Microsoft where he helped launch Windows 95, the first two versions of Internet Explorer, the Universal Plug and Play initiative, the push into home markets, opt-in email marketing and what might well go down in history as the very first direct email list ever.
