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October 2000 - DragonVenture was instrumental in securing $12 million to complete Penguin Computing’s second round of financing in late October. Founded in June 1998, Penguin Computing today is one of the hottest Linux upstarts and is the leading provider of reliable Linux servers and workstations. Penguin Computing competes directly against the VA Linux. New Economy innovators and recognized technology industry leaders -- including BizRate.com, KBkids.com, Salon.com, Lucent and Sprint -- use Penguin systems to ensure reliability and ease in managing the delivery of their Web- and mission-critical data. www.penguincomputing.com