2008-07-09 07:00:04
In 2005, Alfresco was the first open source software company in the UK to capture venture funding, for its collection of enterprise document management applications. John Powell, formerly the COO of Business Objects, and John Newton, founder of Documentum, got together to launch Alfresco because they wanted to create a business that would have"global reach," according to Powell. Right from the start, Powell and Newton knew that the best way to do that was to create and market an open source product. 

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