Here's the one-hundred eighty-third 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 $37M in funding announcements from LiveKit and Stacklet, Databricks moving to acquire Tabular, a milestone for Plane, and more!
Enjoy!
💰 COSS Funding: $37M
- LiveKit, building the transport layer for AI, announced their $22.5M Series A led by Altimeter. Link
- Stacklet, the governance-as-code platform, announced their $14.5M Series B led by SineWave Ventures. Link
📚 COSS Content
Open Source Startup Podcast: "New pod up on vector databases Co-hosts @amanda_robs & @tnachen talk w/ @trychroma Co-Founder @jeffreyhuber about: Why vector DBs are needed for AI apps What's different about AI workloads Partnering w/ @LangChainAI How data is the only tool to change AI's behavior" Link
OpenBB: "Happy birthday to @didier_lopes, our dear CEO! We're grateful you couldn't fly for Christmas in 2020 and instead stayed home working on the idea that gave birth to OpenBB. Otherwise, we'd all probably have much more boring jobs now. Here's to many years of exciting ideas!" Link
Vihar Kurama: "@planepowers just crossed 25K starts on GitHub! A recap of our milestones and some reflections in-line over our journey of just a little more than a year since we wrote Plane on to GitHub. git.new/plane" Link
JJ: "Bitcoin incentivizes the continuous competitive production of cryptographically derived money. Asymptotic potential is 2-3X Gold ($14T~). Bittensor incentivizes the continuous competitive production of cryptographically derived intelligence. Asymptotic potential is > 30X BTC." Link
💸 COSS Liquidity (M&A + IPOs)
- Ali Ghodsi: "Databricks to acquire @tabulario, a data platform from the original creators of Apache Iceberg. Together, we will bring format compatibility to the lakehouse for @DeltaLakeOSS and @ApacheIceberg databricks.com/blog/databrick..." Link
- Tom Gilgan: "The plot thickens!! $CORZ #COREWEAVE - CoreWeave offers $5.75 per share to acquire Core Scientific. - The offer is a 55% premium over the 3-month average price. - Core Scientific's shares closed at $4.87, valuing the company at $866M." Link
🛠️ COSS Jobs
- 4,499 jobs and 312 companies hiring! Link
📊 $COSS - Public Markets
$COSS markets down 2.26% last week
Latest $COSS markets as of last Friday at market close, courtesy of Koyfin
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