The OpenSSL Heartbleed disaster definitely opened up many people’s eyes to how underfunded and understaffed many of the open source projects the web relies on are. To prevent the next Heartbleed, Facebook, Google, Intel, Microsoft, NetApp, Qualcomm, VMware and The Linux Foundation on Thursday announced the “Core Infrastructure Initiative.” This initiative will fund and support important open source projects “that are in need of assistance.” While it’s not clear how much money each of the participants is contributing, the Linux Foundation — which organized this program — says this is a “multi-million dollar project” and should be seen as the industry’s collective response to the Heartbleed crisis. The Linux Foundation will administer the initiative’s funds. Unsurprisingly, the OpenSSL project will be the first to receive fellowship funding from the initiative.

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