Caldera Systems Receives $30 Million in Private Equity Financing from Technology Leaders

Caldera Systems, Inc., a leading provider of Linux-based business solutions, has received $30 million in private equity financing from technology and investment leaders including Citrix, Sun Microsystems, Novell, SCO, Egan-Managed Capital, and Chicago Venture Partners. The funds will be used to accelerate the growth and acceptance of Linux. With these investments, Caldera will add four seasoned executives to its Board of Directors, including Ed Iacobucci and John Egan.