Russian programmers receive $1.6 million to develop alternative OS

BaseALT SPO, a company created by a group of developers headed by Alexey Novodvorsky, has received 100 million rubles (nearly $1.6 million at the current exchange rate) to develop new Linux enterprise class operating systems.

The funding was provided by three industry executives, Grigori Sizonenko, Yekaterina Petrova and Vladimir Chepko, via their investment vehicle Financial Support Agency. The investors have received a 50% stake in BaseALT.

Dubbed ‘ALT server,’ ‘ALT workstation’ and ‘ALT education,’ the new operating systems are being designed as an alternative to Microsoft solutions to support enterprise infrastructure anywhere in or outside Russia. By using the systems, companies can create and maintain a full-feature traditional, cloud or hybrid IT infrastructure, including a directory service, collaborative software, as well as virtualization and clusterization tools, according to BaseALT.

The operating systems are being created basing on the free software repository Sisyphus, which is the basis for ALT Linux distributions. As of today, BaseALT is providing Sisyphus with technical infrastructure, as well as developing its technology and porting the repository to new hardware architectures.

The new company expects to generate enough cash next year to invest an additional 200-300 million rubles for technological and business development purposes.

Source: CNews.ru

Topics: Finance, News, Startups, Venture / Private equity
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