What Will Leclercq Want from their $6m Investment in Moodle

Founded in 2001, Moodle is a leading light in the opensource movement. By relying on partners (there’s currently 84 of them) to pay royalties for using the software, end-users get the software for free (but paying for support and services) whilst funds are generated for the central project.

But now, Martin Dougiamas, founder and CEO of Moodle Pty Ltd, has succumbed to an outside investor, with France based Education for the Many, injecting $6m dollars into the company.

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