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Internet and technology-related holding company M&A West Inc. launched a Linux Funding Web site to pursue investment and development opportunities.

The company said it is now in the process of evaluating companies to invest in and is seeking companies with "demonstrable plans for both short-term and long-term profitability."

Its first such investment is in OpenExpress.com, which is developing open source products and services for the Linux desktop and for the Windows users worldwide.

M&A West's current investments include: online venture capital portal VentureList.com, e-commerce and Web development company Digital Bridge Inc., online gaming portal Virtual Wagering.com Inc., online jewelry retailer CrazyJewelry.com and online grocery provider VirtualGroceries.com Inc..