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COSS Weekly Issue #8

jj profile image JJ ・Updated on ・5 min read

COSS Weekly, Issue #8: December 6th, 2020

Welcome to the eighth issue of the COSS Weekly, the global Commercial Open-Source ecosystem newsletter brought to you every Sunday by Joseph Jacks and team at COSS Media, OSS Capital and the organizers of Open Core Summit.

Each week, we neatly summarize the latest happenings in COSS, often including objective commentary across primarily the following four areas: Funding, Content, Liquidity, Data.


πŸ’° COSS Funding

November 2020 marked the first month in history when funding into COSS companies exceeded $600M. Link

Materialize, maker of a streaming database for live data and real-time applications, announces $32M Series B led by Kleiner Perkins. Link

BuildBuddy, provider of an open-source build system that helps developers compile + test code faster, announces $3.15M funding round including Y Combinator, Addition, Scribble, and Village Global. Link

Jitsu, developer of an open-source data integration platform, announces $2M seed led by Costanoa Ventures. Link

Orbit, an open-source experience platform for developer communities, announces $4M seed led by a16z's Martin Casado. Link

Sourcegraph, working to bring universal code search to every company, announces $50M Series C led by Sequoia. Link

Moov, an open-source FinTech platform, announces $27M Series A led by a16z (Angela Strange, Peter Levine, Seema Amble). Link


πŸ“š COSS Content

Get ready for Anna Berenberg, Google Distinguished Engineer and leader of Google's core network infrastructure, as a keynote speaker at Open Core Summit. Link

Watch Dries Buytaert, founder of Drupal, on The Open Sauce video podcast. Link

Explore a list of FOSS technologies focused on creating "git for data" solutions, made by Joseph Jacks of OSS Capital and Justin Cormack of Docker. Link

Lessons for early-stage founders by Calvin French-Owen, co-founder of Segment. Link

Latest release of Wasmer now runs natively in Apple Silicon M1 chips. Link

Sebastien Pahl and Mat Appelman announce project Opstrace, an "Open Source Datadog." Link

How computing has evolved, and why you need a multi-cloud strategy by Urz HΓΆlzle. Link

Watch + listen to Joseph Jacks on the Open Source for Business podcast. Link

COSS companies are business model agnostic (can be cloud-first or cloud-last), whereas SAAS companies are highly business model opinionated β€” they only have one business model. Link

OCS participants you don't want to miss: MongoDB, RedisLabs, HashiCorp, RedHat, Odoo, Liferay, Neo4j, Cloudera, JFrog, Starburst Data, and more. Link

Insight Partners announces interview with Managing Director Lonne Jaffe and OSS Capital's Joseph Jacks on Dec 16th @ OCS. Link

Ryan Booz spent one week benchmarking TimescaleDB vs Amazon Timestream. Results: 6000x faster inserts, 5-175x faster queries, 150-220x cheaper, all in favor of TimescaleDB. Link

Thread on the victories and losses of Docker. Link

Jono Bacon speaks with Mark Shuttleworth on life, business, and Ubuntu. Link

Moxie Marlinspike, creator of Signal, joins the Joe Rogan podcast on Episode #1572. Link

Shlomi Ben Haim explains why developers are the rainmakers. Link

Joseph Jacks: OSS is fundamentally changing capitalism from shareholder optimized to stakeholder optimized. Instead of charging money to create value, COSS companies charge money to capture value. Link

Matthew S. Wilson shares chart of open-source forks from RedHat. Link

FOSS's role in tech and society, from 2000 - 2050. Link

Running Ruby on RISC-V by Mark Perham. Link

Exciting updates coming from GetDBT at Coalesce. Link

Gavin Johnson, product marketer at RudderStack, to speak at OCS. Link

Supabase moving into Beta. 3000+ projects created during Alpha. Link

Jason Warner, CTO of GitHub, joins Coder.com as an advisor. Link

Kong named one of the 50 most promising startups by The Information. Link


πŸ’Έ COSS Liquidity

GitLab valued at more than $6 billion in secondary share sale. Link

SUSE completes acquisition of Rancher Labs. Link


πŸ“ˆ COSS Data

  • 🌐 YC COSS: For the first time ever in 2020, 15~ COSS startups have gone through YC in a single year representing 30%+ of the total (50~ since 2006). Our YC COSS dataset tracks and provides granular data on the growing but still small COSS YC alumni.
  • 🏦 COSS PE Funding: This dataset tracks the latest funding events for all stages of COSS companies, mostly in private markets, for 2020-2021+
  • πŸ“Š COSS Index: The well-known COSSI sheet for the exclusive $100M+ revenue club of COSS companies. New data points and growth happening weekly.
  • 🌩️ AWS COSS: List of COSS services on AWS. Continuously evolving. We plan to offer similar datasets for Azure, GCP, and other major clouds.
  • πŸ€‘ COSS VC: Eary-Stage VCs with > 5 COSS investements as a filter to identify and highlight the "most experienced" COSS investors. Fast growing list.
  • πŸ“ˆ COSS IPO: Analysis of every COSS IPO since 1999.

As usual, we end with this graphic depicting what we think the next Multi-Trillion-Dollar category in business will be:


COSS Weekly is brought to you via COSS Media, produced by OSS Capital (the first and only COSS-dedicated early-stage investor platform for COSS founders)


Don't forget to sign-up for the second-annual FREE Open Core Summit 2020 Digital to meet with and learn from the leaders in COSS (enterprises, founders, investors, executives and more) on December 16-18th, 2020:

1 mission. 3 days. 10 tracks. 150+ speakers. 10,000+ attendees.

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