Last month, Mandriva was reported to be in financial strife and two firms, LightApp and Linagora, were said to have expressed an interest in buying the GNU/Linux company.
The French site LeMagIT reported a few days back that new money had been put into Mandriva, enabling the company to continue in business.
It said that there would probably be a change in business strategy.
Mandriva is a longstanding distribution, having begun life back in the late 90s as Mandrake Linux. It took Red Hat Linux as its base but used the KDE desktop environment instead of GNOME; hence if often earned the moniker "Red Hat with KDE"
The company changed its name in 2005, following the loss of a case filed by Hearst Corporation which had the rights to the name. The name was changed from MandrakeSoft to Mandriva; this coincided with its acquisition of Conectiva, another Linux company based in Brazil.
The company has hit a rocky road more than once: in 2003, it filed for bankruptcy and emerged from that state the next year. In 2008, the company was badly affected by the global financial crisis and had to jettison all its external contributors.