Here's the one-hundred forty-eighth 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 $94.125M in funding announcements from MotherDuck, Tabular, Griptape, Rocket Chat, Only Dust, SMART, Million, Shelf, InfrHQ, and Revert.dev, a new CEO position for JJ, news for Godot and Plane Powers, and more!
Enjoy!
💰 COSS Funding: $94.125M
- MotherDuck, makers of DuckDB, announced their $52.5M Series B led by Felicis. Link
- Tabular, makers of Apache Iceberg, announced their $26M round led by Altimeter. Link
- Griptape, making ai for enterprise applications, announced their $12.5M Seed led by Fuse. Link
- Rocket Chat, the chat platform, announced their $10M Series A led by Alexia Ventures. Link
- Only Dust, a social network for open-source collaboration, announced their €3M Seed led by Fabric. Link
- SMART, a learning platform for Spaced Repetition Algorithms, announced their $25K Git Round led by OSS Capital. Link
- Million, a virtual DOM replacement for React that makes React Apps faster, announced their $25K Git Round led by OSS Capital. Link
- Shelf, a visual asset management and location tracking system for physical assets, announced their $25K Git Round led by OSS Capital. Link
- Infr, a database for memories, announced their $25K Git Round led by OSS Capital. Link
- Revert.dev, an API for CRM integrations, announced their $25K Git Round led by OSS Capital. Link
📚 COSS Content
JJ --- e/acc: "THE ANSWER IS YES // @theallinpod @bgurley @chamath @jason @friedberg" Link
JJ --- e/acc: "Invest in open source and open source will set you free." Link
JJ --- e/acc: "Step 1: Spend millions paying for garbage press coverage of your totalitarian propaganda Step 2: Convince the government to make open source illegal Step 3: Profit" Link
Git Round: "Final interviews this next week and announcing the first special five startups on Friday morning, September 22nd! GRQ423 starts on October 1st. ✨🌱" Link
Plane: "As of today, Plane is the most starred project under #ProjectManagement on GitHub, now with ~14.3K stars. Thank you, everyone🙏" Link
Documenso: "We're in 2023 and we're building an open-source alternative to DocuSign. Current stack: - Framework: @nextjs - Database: @PostgreSQL - ORM: @prisma - Styling: @shadcn/ui + @tailwindcss View source code: github.com/documenso/documen..." Link
Tauri: "We're really happy to welcome @godotengine into the top 100 most starred repositories on Github." Link
W4 Games: "At @W4Games we're building products for #GodotEngine users (Consoles & Cloud), providing corporate services, but not only! To validate our products and workflows, our Demo team dogfoods them by building cool open source demos. w4games.com/2023/09/19/an-in..." Link
Didier Lopes: "The way financial professionals do investment research hasn't changed in 40 years. That changes today. Introducing the OpenBB Terminal Pro." Link
JJ --- e/acc: ".@Intel CEO @PGelsinger announced that @StabilityAI will be building an Al cluster entirely on Intel's Xeon processors and 4000 Intel Gaudi-2 Al accelerators. This will be a top-15 Al supercomputer in the world. 🥰🥳 Well done @EMostaque --- ignore haters and keep building. 👏🏼🙇🏻♂️🚀" Link
JJ --- e/acc: "I risk a lot by posting and boosting this. I DO NOT CARE. This is important to read for anyone affected or who is concerned about the disastrous Unity situation... teddit.net/r/Unity3D/comment..." Link
JJ --- e/acc: "214,000+ views, 9,000+ likes ... in 7 days. 10 year vet of Unity tries Godot for the first time: piped.video/VkdBgkdWFwg?si=xBcE..." Link
Godot Engine: "There's a ton of engagement around @godotengine this week, oftentimes very positive and exciting! Many devs are exploring it for the first time and sharing their experience, assessing its viability for their needs, or just discussing it on social media. We love to see it!" Link
Vihar Kurama: "Everything we accomplish at @planepowers often seems unbelievable, and may even appear surreal to many people. - Growth - Velocity of shipping - Community Support - Quality content - Consistency This is our ethos. We're a small team with big dreams." Link
JJ --- e/acc: "This is going to be fun and awesome ... congrats to all the founding teams. 🙌🏼🚀" Link
Git Round: "🌱✨ SPECIAL DAY: After launching only 25 days ago, today we are announcing the founding startups of GRQ423. In this founding cohort, we selected only 5 startups (NY, SF, India, Netherlands and Bulgaria) with an acceptance rate of < 2%. Congratulations to these teams! 🧵👇🏽❤️🔥" Link
Juan Linietsky: "Very happy that Unity removed the retroactivity of their new fees. I happy for anyone moving to Godot but, as I said before, at their own pace and will. Doing it forced by a stressful situation can never be a good experience." Link
Open Source Startup Podcast🎙: "NEW Open Source Startup Podcast on bringing ✨Great Developer Experience to Data Teams✨ @amanda_robs & @tnachen interview @dagster Creator @schrockn to find out: ❔How Dagster brings software eng principles to data ❔What good Data DevEx means & more podcasters.spotify.com/pod/s..." Link
Brian Armstrong 🛡️: "Count me as someone who believes AI should not be regulated We need to make progress on it as fast as possible for many reasons (including national security). And the track record on regulation is that it has unintended consequences and kills competition/innovation, despite best intentions. We've enjoyed a golden age of innovation on software and the internet largely due to it not being regulated. AI should do the same. The best protection is to decentralize it and open source it to let the cat out of the bag." Link
Juan Linietsky: "I hope many realize that the sole fact that @godotengine exists (and it was by far the most mentioned alternative during the past week) is actually one of the main factors (if not the biggest) that helped keep your investment in other technologies safe. godotengine.org/" Link
This Dot Media: "💻 In this episode, @youyuxi reflects on the organic growth of #Vue, its adoption in different regions, & the importance of high-quality documentation. Learn how #opensource transcends borders and connects developers worldwide. #VueJS https://thisdot.co/blog/creator-of-vue-js-and-vite-evan-yous-journey-from-google-engineer-to-open/" Link
COSS Community 🌏: "Today is the 4th anniversary of COSS Community on Twitter 🐦 / X. Thank you to everyone for reading and growing commercial open source startups and sharing our passion for COSS. 🚀" Link
COSS Community 🌏: "Creator of @EnvoyProxy starting a company 👀" Link
JJ --- e/acc: "Live demo by Peer the co-founder of @calcom with "that's f***ing insane" response to the collective event feature invoked by adding + in the URL path... 🤯 Definitely one of my favorite feature innovations by the Cal team. " Link
JJ --- e/acc: "Open Core (COSS) is positive sum by default, zero sum by choice. Closed Core (SaaS) is zero sum by default, positive sum by choice. Enormous difference." Link
💸 COSS Liquidity (M&A + IPOs)
No COSS Liquidity announcements this week.
🛠️ COSS Jobs
- 3,561 jobs and 294 companies hiring! Link
- JJ --- e/acc: "🔥 Excited to announce that I'm now CEO of @RustDesk --- our founding seed was led by @OSSCapital nearly 2 years ago. Since then, we've become the most popular open source remote/virtual access platform on earth. Our core project is led by founder/CTO Zhou Huabing and the company has remained a very small team of < 2 people. We recently launched our first paid commercial product (for self-hosted installs) and we have acquired over 300 paying customers and are crossing $1M in ARR from zero revenue less than 45 days ago. The Remote Desktop market is a $30B+ opportunity ripe for COSS disruption. This new role is in addition to my responsibilities as GP of OSSC and our various efforts like Git Round and OCS. Naturally, I'll be replacing myself fairly soon (expectation is much less than 1 year). Please DM / get in touch if you are a RD user with any feedback or would like to apply to join our growing distributed team --- we are hiring Rust engineers for product / cloud services and more." Link
📊 $COSS - Public Markets
- $COSS markets down 1.75% last week
- Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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