Open Kernel Raises $7.6m Series B: Embedded Virtualization And Entrepreneurial Spirit Wins Out

Congrats to Steve, Gernot and the team at Open Kernel Labs on closing their funding round. We embarked on the journey of spinning them out of NICTA three years ago and they have grown from strength to strength. This round is not only a testament to their quality as entrepreneurs, but also to their tenacity – they started this fundraising as the economic crisis came roaring through.

Sadly, I heard this news on the day I had a farewell lunch with the board at the company I was running, Piclinq. They have elected to follow a different path through the turmoil and the result was a parting of the ways.

As I continue my entrepreneurial journey, I wish the OK-Labs team and all other entrepreneurs safe travels!

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