Tuesday, January 19, 2010
OpenCandy Adds Google Ventures' Kraus To Board
San Diego-based OpenCandy, which develops software and services to monetize downloads of open source software, said today that it has added Joe Kraus of Google Ventures to the firm's board of directors. Kraus is the co-founder of Excite and Jotspot. OpenCandy said that Kraus was an early investor in the firm. Kraus joins James Cham of Bessemer Ventures, along with co-founder and CEO Darrius Thompson on the board. OpenCandy develops services which help to promote and monetize the downloading of open source and other software. The firm's team came out of DivX, where Thompson was a co-founder and VP. The firm has raised funding from Bessemer Ventures, O'Reilly Alphatech, as well as Reid Hoffman of LinkedIn and other angels.