PORTLAND, Ore., April 16 /PRNewswire/ -- Former Open Source Development
Labs (OSDL) CEO Stuart Cohen today launched a new company that will solve
shared enterprise IT problems by bringing together companies to develop
software at half the cost of outsourcing. The company, Collaborative
Software Initiative (CSI), is pioneering a market-changing process that
applies open source methodologies to business communities facing similar IT
Evan Bauer, financial services industry veteran and former chief
technology officer at Credit Suisse First Boston, will partner with Cohen
to lead the projects and develop the technology architecture as chief
technology officer for CSI.
CSI is initially working with industry leaders HP, IBM and Novell to
help vertical industries identify and scope projects where collaboration
among industry peers can meet requirements quicker and with less expense.
"Business IT managers working in vertical industries have fundamental
software challenges that can be effectively addressed by working with a
trusted partner and like-minded industry peers. The Collaborative Software
Initiative facilitates those partnerships by bringing together customers
with similar IT issues to lower costs for essential but non-core software,"
said Daniel Frye, vice president, Open Systems Development, IBM. "CSI
represents the next round of innovation for open development and will be
the catalyst for bringing customers together to tackle shared IT
Government and industry standards are driving much of today's software
development, prompting IT managers to outsource fundamental projects that
require too much time and money. CSI offers a better way, based on more
than 10 years of proven methodologies in open source development. This
approach, called Collaborative Software, is software developed or acquired
by a variety of like-minded companies at a fraction of internal development
or outsourcing costs. For applications that don't enable competitive
advantage or are associated with non-value added activities such as
compliance, Collaborative Software allows business managers to maintain
individual control and direction over a project while accelerating
compliance, reducing costs and consolidating project timelines.
"With the successful adoption of Linux and open source software, we are
really on the cusp of a new wave in software development where business
managers are looking to cooperatively develop software to meet their
industry application needs," said Stuart Cohen, CEO of the Collaborative
Software Initiative. "CSI provides an experienced partner to form
communities where today none exist and together build Collaborative
Software that can be maintained and updated."
"Free and open source software principles are carrying the software
market forward and putting older, largely proprietary, ways of doing
business to the test," said Eben Moglen, chair of the Software Freedom Law
Center and pioneer in the FOSS movement. "By adapting these principles to
collaborative computing among industries, the CSI is formalizing an
important step in the FOSS evolution."
The company has received financing from early-stage venture capital
firm OVP Venture Partners.
"There is a tremendous demand for community source innovations, and
Stuart is the best person around to determine how to commercialize these
efforts," said Gerry Langeler, general partner at OVP Venture Partners and
CSI board member. "This is a terrifically exciting endeavor and we are
delighted to be working with him."
CSI will form the project community and provides the central project
management function for developing Collaborative Software, including
development, testing and support for the code. The CSI will also offer the
software to a broader base of customers under the open source licensing or
Software as a Service (SaaS) models.
"The Collaborative Software Initiative is the next logical step in the
evolution of the Open Source industry," said Brian Behlendorf, founder of
CollabNet and co-founder of the Apache Software Foundation. "It will bring
the next wave of companies into this proven model for writing software
together - with the shared goals of eliminating redundant efforts, saving
time and money, and using the best practices of successful Open Source
developer communities to ensure quality and longevity."
"Developing software applications for vertical industries represents a
unique challenge for both business managers and IT managers," said Ron
Hovsepian, president and chief executive officer at Novell. "The
Collaborative Software Initiative effectively addresses those challenges by
using an open source development model to bring together customers with
similar IT challenges to jointly develop essential but non-competitive
applications. We look forward to many of these applications running on top
of our SUSE Linux Enterprise platform."
About the Collaborative Software Initiative
Collaborative Software Initiative (CSI), founded in 2007 by Stuart
Cohen, a veteran IT executive and former chief executive officer of the
Open Source Development Labs, brings together like-minded companies to
build software applications at half the cost of outsourcing. CSI introduces
a market-changing process that applies open source methodologies to
building Collaborative Software that lowers investments associated with
non-competitive yet essential IT activities. For more information, please
About OVP Venture Partners
For over 24 years, OVP Venture Partners has led the drive into new,
high- growth technology markets in the Pacific Northwest. OVP's strategy of
focusing on early stage investments in defined spaces has yielded proven
results; the firm's record of 52 liquidity events - including 22 IPOs -
leads the region. The OVP team has a passion for working with
ground-breaking entrepreneurs and high-caliber investors, and is known for
its track record and personal integrity. OVP has over $750 million in
capital under management and is currently investing its seventh fund.
OVP has offices in Seattle and Portland and concentrates on
opportunities at the intersection of technology's next big waves and
foundational strengths native to the region. The firm's recent activity has
included deals in communications, software, security, semiconductors,
digital biology, and nanotechnology.
The OVP team includes investing partners Chad Waite, Lucinda Stewart,
Mark Ashida, Rick LeFaivre and Carl Weissman in Seattle and Gerry Langeler,
Dave Chen and John Hull in Portland. Chad Waite serves on the Board of the
National Venture Capital Association (NVCA).
More information on the partnership is available at www.ovp.com.
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OVP Venture Partners
SOURCE Collaborative Software Initiative