Oleg Tschertzoff

Montreal, Canada - StatusNet, the company that develops an Open Source micro-blogging platform, has completed an $875,000 financing round. Investors include local venture capital groups Montreal Start Up and iNovia Capital as well as European angel investor Oleg Tscheltzoff of Fotolia.com.

“We're excited by the opportunity for growth this investment brings,” says Evan Prodromou, CEO of StatusNet Inc.