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COSS Weekly #111

Here's the one-hundred eleventh issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every weekend by the team at OSS Capital, creators and stewards of COSS Community and Open Core Summit.

We deliver only the most fresh 😋 news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $5M in funding announcements from Infinity AI, an IPO from Maria DB, and conversations on the future of social media.


💰 COSS Funding: $5M

  • Infinity AI, building ML models with synthetic data, announced their $5M Seed led by Matrix Partners. Link

📚 COSS Content

  • VentureBeat: "#CMS framework, @Drupal, has released v.10.0, integrating more than 4,000 incremental improvements and marking the #opensource tech's latest evolution. See what's under the covers:

  • Paul Sawers: "From decentralization and content moderation, to encrypted DMs, here's a look at how open-source could shape Twitter's future:

  • Tauri: "This year Tauri 1.0 was launched, our GitHub stars have increased over 2x and we announced an alpha version of Tauri Mobile! Now we'd like to ask the community for feedback to shape the next year of Tauri. (Also in Chinese - see next tweet)" Link

  • Mårten Mickos: "The open source database cloud services vendor continues to expand the number of technologies it supports

  • Emily Omier: "This week Joseph Jacks (@JosephJacks_), Co-founder of OSS Capital (@OSSCapital) joins me to chat about the origins and benefits of Open Source, how the landscape is changing, and his tips for building a successful Open Source Startup. Listen:

  • OpenBB 🦋: "2022 Was an exciting year for us, but the best is yet to come. Check out our end-of-year blogpost and get ready for an even bigger 2023. We are coming for you. See our little surprise for you at the end of the blogpost.🦋

  • tobi lutke: "(biased, but:) is the ideal way to make js based web development get the best from the server, the best from the client, and the most from the browser. It's as much fun to write remix as it is to write rails apps and that's a 10x improvement for JS imo." Link

  • "2022 has been a hell of a year for us. 🚀 We're incredibly honoured to be serving such an amazing community that is actively engaging, helping and contributing to our mission of connecting a billion people by 2031 ❤️ #2022wrapped

  • JJ: "New open source alternative to Twitter promoted by Jack himself. Client support is still very raw but the protocol has a ton of interesting ideas...

  • TechCrunch: "How Mastodon is scaling amid the Twitter exodus by @ingridlundenLink

  • ramaswamy.eth: "openAI or "open"AI? 1/ OpenAI's #chatgpt release will mark the beginning of the end of the golden age of open research in deep learning. This will have significant implications for LLM research going forward. Here are some thoughts from me, @vivek7ue and @rajhans_samdani 🧵" Link

  • JJ: "Absolutely exceptional first year of progress for @appflowy --- led by the amazing @annieanqi ! 🔥 📝

  • JJ: "RISC-V is making great progress in vector processing... and soon GPUs. // @risc_vLink

  • Thomas Dohmke: "Open source is the greatest team sport on earth --- and it's still in early innings 🏟

  • Bill Gurley: "If you doubt the power of open source, watch what RISC-V accomplishes in next decade. Smart companies run at Open Source as way to solve problems. Tencent joins open-source chip design community RISC-V as China seeks to mitigate impact from US sanctions

  • Umbrel ☂️: "nothing says ho ho ho as these 6 shiny new self-hosted apps that just dropped in the umbrel app store! self-host firefox, personal wikis, audiobooks/podcasts & an airdrop alternative. automate workflows & access your desktop remotely 🙌 merry christmas & happy holidays y'all 🎄

  • JJ: "Hoppscotch is the leading and fastest growing API development platform with millions of developer users, approaching 50,000 stars! Big milestone. Give us a star to round out the year 💫 // @hoppscotch_io

💸 COSS Liquidity (M&A + IPOs)

  • JJ: "First COSS IPO (SPAC in this case) in 2022 for @MariaDB. Open source fork of @MySQL. $50M ARR, growing 30%~, 90%~ NDR, burning $40M / year... Down 35% a day after closing.. now valued at total capital raised over last 8 years ($350M~). Let's see if it comes back post-lockup.

  • JJ: "Full deck from Feb.

🛠️ COSS Jobs

  • 4,684 jobs and 259 companies hiring! Link

📊 $COSS - Public Markets

  • $COSS markets down 5.30% last week

-   Latest $COSS markets snapshot taken December 28th at 3:04pm EST, courtesy of Koyfin.

Koyfin market data

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