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COSS Weekly #170

Here's the one-hundred seventieth 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 πŸ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $45M in funding announcements from Synadia and Orkes, a partnership between Liquid AI and ITOCHU-CTC, Sequioa's open-source fellowship opening for applications, product updates, and an open-source founders conference in May in Paris!

Enjoy!


πŸ’° COSS Funding: $45M

  • Synadia, the company behind NATS.io, announced their $25M Series B led by Forgepoint Capital. Link

  • Orkes, an orchestration platform, announced their $20M Series A led by Nexus Venture Partners. Link


πŸ“š COSS Content

  • Umbrel: "umbrelOS 1.0 is arriving next month. here's our blog post that goes over our journey --- why we decided to rebuild everything from scratch, everything that's new, and what comes next blog.getumbrel.com/introducing-um..." Link

  • JJ --- oss/acc: "Contribute to open source and your life will massively expand and improve. You embrace the counterintuitive and paradoxical nature of open source and it will set you ." Link

  • Plane: "All-new dashboards with a dash of personalization for each member of your team. Try it now!" Link

  • Al: "A leading AI research organization @NousResearch launched a finetuning competition on Bittensor. Prize: 203 TAO/day (~$127k) shared among the top performers. As subnet owner, Nous earns 89 TAO/day (~$56k). There's no way the OS AI community won't notice or be interested. $TAO" Link

  • JJ --- oss/acc: "Capitalism is the great filter. Open source everything after the filter." Link

  • okio: "Introducing the Nendo AI Audio Platform that unleashes the power of sonic intelligence & generation for professionals. State of the art features, fully open source, available today as a service. More in this" Link

  • Hamza Ehsan: "8/8 - Calendar: @calcom Recently switched from Calendly to Cal and it's been great so far. Free plan, easy to setup and most importantly, dark mode." Link

  • Heather Meeker: "Check out the Open Source Founders Conference. It's in Paris in May, what could be better? 05f5.com" Link\

  • JJ --- oss/acc: "If I ever IPO something from Automattic, it will include the same for people who have contributed to WordPress. And every supporting open-source project underneath it. (Quote from Matt Mullenweg)" Link


πŸ’ΈΒ COSS Liquidity (M&A + IPOs)

  • JJ --- oss/acc: "Today, we are thrilled to announce our close partnership between @LiquidAI_ and ITOCHU CTC in Japan --- the largest system integrator in the Japanese enterprise market across finance, retail, insurance, automotive and other critical industries. We've had a tremendously productive week in Tokyo and Osaka meeting with major enterprise customers and accelerating our GTM in Asia. Congratulations to @ramin_m_h and our very own Japanese fluent Louis Hunt on this important milestone in the young history of Liquid AI's first year of existence. Thank you to Masanori Tanaka, Atsu Aiyama and team for the great collaboration." Link

  • Liquid AI: "Today we are proud to announce our partnership with ITOCHU-CTC, the largest system integrator in Japan, to bring to market sustainable edge AI capabilities powered by Liquid AI's learning systems technologies! ctc-g.co.jp/en/company/rel... As the Japanese Nikkei 225 reaches its highest level since 1989, we are excited to partner Liquid with ITOCHU-CTC to further accelerate and drive continued transformation and growth in Japan." Link


πŸ› οΈ COSS Jobs

  • 4,132 jobs and 301 companies hiring! Link
  • Roelof Botha: "The @Sequoia Open Source Fellowship is now accepting applications. Open source software underpins much of technology globally. We all depend on OSS developers. If you're working on an exciting open source project, apply to be a fellow: sequoiacap.com/oss" Link

πŸ“Š $COSS - Public Markets

  • $COSS markets down 2.63% last week

  • Latest $COSS markets as of last Friday at market close, courtesy ofΒ Koyfin

Koyfin market data

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