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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #149

Here's the one-hundred forty-ninth 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 $35.6M in funding announcements from Nx, Nexusflow, SigNoz, and PartyKit, more RustDesk and Godot news, conversations on COSS development, and more!


💰 COSS Funding: $35.6M

  • Nx, an extensible build system, announced their $16M Series A led by Nexus Venture Partners and a16z. Link
  • Nexusflow, making Generative AI for cybersecurity, announced their $10.6M Seed led by Fusion Fund and Point 72 Ventures. Link
  • SigNoz, an observability tool, announced $6.5M in funding led by SignalFire and Y Combinator. Link
  • PartyKit, a platform for real-time collaborative capability, announced their $2.5M pre-seed led by Sequoia. Link

📚 COSS Content

  • 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

  • Omar McAdam: "COSS Journeys EP 01 : Tomorrow at 4pm UTC I'm meeting live with @james_r_perkins to talk about @unkeydev We'll dive into the early life of a COSS startup, talk about the product, and even get a little demo. Join live and ask all your questions Links" Link

  • JJ --- e/acc: "The more ideological a philosophy, the less successful it is --- and vice versa. Free Software didn't achieve mainstream adoption until its pragmatic rebranding as Open Source. Crypto/Web3 may not achieve mainstream adoption until a similar rebranding. The same is true with AGI." Link

  • JJ --- e/acc: "Did you know that @rustdesk has 1M+ views on community-created YouTube tutorial / demo videos? Incredible to see such a vibrant fan and userbase creating content and sharing their learnings with the broader community." Link

  • Open Source Startup Podcast: "The latest Open Source Startup Podcast features auth-as-a-service co @osoHQ @amanda_robs & @tnachen talk w/ Oso CEO @grahamneray on: Their programming language Polar Deciding on the right license Positioning in the competitive auth space & more" Link

  • JJ --- e/acc: "Unity's oldest user group (BUG) is dissolving in response to the disgusting actions made by Unity since their IPO and recently. Godot is positive sum by default. That will never change." Link

  • Timur Ercan: "It's Documenso Launch Week - Day 1: We are kicking things off by open sourcing Documenso's app and brand design Lovingly crafted by @thilokonzok and forged by the whole @Documenso Team. Check out the design system and our design culture here:" Link

  • Flagsmith: "Venture capital isn't the necessity it once was. Flagsmith hit $1.5M ARR earlier this year with a super lean team and a focus on efficient growth. We're sharing a few reasons why we bootstrap:" Link

  • Git Round: "Yes, we intentionally decided to start the first cohort of Git Round (GRQ423) during #Hacktoberfest on October 1st." Link

  • Vamsi Kurama: "Product bloat, tech debris, and poor support can cause significant damage. It's essential to address these issues in the early stages of your company, ensuring alignment with your goals. By diligently working towards it in the beginning, you will be greatly rewarded in the end." Link

  • JJ --- e/acc: "@rustdeskLink

  • It's FOSS: "The GNU Project turns 40 today! Happy birthday #gnu #opensource" Link

  • JJ --- e/acc: "Excited to share that @rustdesk has crossed our first 500+ paying customers from our launching our first paid product < 90 days ago from zero." Link

  • Flagsmith: "COSS founders are realising the power of open source contributions Devs are realising the power of contributing to #opensource At @calcom@peer_rich notes that some of the best things have been built by community members that they ended up hiring later." Link

  • JJ --- e/acc: "WOW!!!! The biggest Unity influencer just moved to Godot ......." Link

  • Juan Linietsky: "I think FOSS creates open ecosystems, rather than killing competitors. Companies and individuals can profit based on a shared core technology." Link

  • Open Source Startup Podcast: "Check out the latest Open Source Startup Podcast with @1st1 from @edgedatabase to discover What building a "dev-first DB" truly entails How EdgeDB competes in the wave of postgres DBs Why open source DBs should use the cloud model" Link

  • Peer Richelsen: "we are doing 10x more in monthly booking volume than last year" Link

  • JJ --- e/acc: ""Zemlin joked that LF would be the largest software company in the world if you consider the number of developers contributing to the foundation, the payroll would come to around $26 billion -- more than Microsoft's $24 billion R&D payroll."" Link

  • JJ --- e/acc: "Big congrats to @godotengine on blowing past 75,000 Stars are all you need." Link

  • JJ --- e/acc: "TIL that @brian_armstrong built this open source project with a school friend as a predecessor to founding @coinbase --- amazing!" Link

  • Hoppscotch: "We joyfully welcome all the new users from the Insomnia community." Link

  • JJ --- e/acc: "" Link

  • Juan Linietsky: "I often see asked "What's missing in features for Godot to be up to par to other major 3D engines?" A couple of minor things are missing, but the largest one is a compositor. As such, I opened a proposal describing one. Feedback welcome!" Link

  • clem: "Great study from Harvard and Columbia for all the VCs and policy-makers out there. Even more true in AI where it's incredibly hard to start without open models & datasets." Link

  • Timur Ercan: "It's Launch. Week. Day. Fiiiive! We talked a lot about 1.0, and now we look ahead Introducing our new LIVE roadmap so you know what's next in Q4 Templates, Teams, and much more. Also, OUR NEXT PRODUCT HUNT LAUNCH whoop, whoop" Link

  • Tauri: "Are you one of the 100,000 that download Tauri every week? Then you will like to know that we just released Tauri 1.5.0. You can read more about it here:" Link

  • rustdesk: "Finally, version 1.2.2 is now available on the @AppStore . We kindly request your honest reviews and ratings to ensure its continued presence. As you may be aware, we have taken proactive measures on @GooglePlay by delisting ourselves to combat fraudulent activities." Link

  • Brian Armstrong: "Great chat about @researchhub for SciCon ResearchHub is a modern day pre-print server, and open science platform working to accelerate science - early days." Link

  • Peer Richelsen: "seriously who is building OSS google workspace? im talking calendar, email, SSO, docs, sheets" Link

  • Steven Tey: "Open-source Linear/JIRA alternative just dropped → Features: ◆ World class UI/UX ◆ Powerful integrations ◆ Host on your own domain ◆ Custom themes/dark mode Built with @nextjs@tailwindcss, and @vercel ▲" Link

  • Peer Richelsen: "consistency is key very first thing me and @BaileyPumfleet agreed on was to ship a major release every 15th of a month (and up to two minor releases per week) it builds a great muscle to keep shipping and celebrating small wins for over 24 months we've gone from v1 to v3.4" Link

  • JJ --- e/acc: "Awesome to see so many people contributing to Burn, the most exciting new Rust project in deep learning." Link

  • JJ --- e/acc: "Glad to see my partner Heather Meeker add more much needed pragmatism and wisdom to this lineup..." Link

💸 COSS Liquidity (M&A + IPOs)

No COSS Liquidity announcements this week.

🛠️ COSS Jobs

  • 3,640 jobs and 294 companies hiring! Link
  • JJ --- e/acc: "To all affected by the @EpicGames layoffs, just know that we are actively hiring at @W4Games --- creators and stewards of @godotengine." Link
  • Liyas Thomas: "We're hiring for a Developer Advocate at Hoppscotch. If you're someone technical and passionate about making the lives of developers easy I'd love to have a chat with you Apply" Link

📊 $COSS - Public Markets

  • $COSS markets down 0.78% last week
  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin market data

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