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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #185

Here's the one-hundred eighty-fifth 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 $81M in funding announcements from TIER IV, SurrealDB, and Restate, momentum for Godot and an exciting job opportunity, new features for Documenso and Formbricks, and more!

πŸ’° COSS Funding: $81M

  • TIER IV, the autonomous driving company, announced their $54M Series B extension. Link
  • SurrealDB, the multi-model database, announced their $20M Series A led by FirstMark and Georgian. Link
  • Restate, a workflows-as-code platform, announced their $7M Seed led by Redpoint Ventures. Link

πŸ“š COSS Content

  • JJ: "Happy Birthday to @BaileyPumfleet, the less-known superstar co-founder of Cal Dot Com (@CalCom), fastest growing COSS application startup in the world. Little known fact: Bailey was just 17 when he co-founded Cal with @peer_rich." Link

  • Open Source Startup Podcast: "New episode with Database Legend Michael Stonebraker As the founder of database systems Ingres & Postgres, as well as the new "database as an operating system" company @DBOS_Inc, this episode is packed with learnings on databases and company-building" Link

  • JJ: "This is a great lens on project management platforms ... imagine when great founders tackle this sector with an open core approach. @planepowers" Link

  • JJ: "Open Source." Link

  • Supabase: "Read how @calcom migrated their new expert marketplace to #Postgres and added avatar uploads with Supabase Storage just a few days ahead of their @ProductHunt launch" Link

  • JJ: "Agree. True. @OSSCapital has never been a sector focused fund because open source is transforming all sectors in a secular and tech agnostic manner." Link

  • Documenso: "We are introducing a new paradigm to signing: Async Direct Signing Links Direct links are attached to a template and can be used anytime by anyone using the link Set up the signature experience and flow once, using all existing template mechanisms, and you are done" Link

  • JJ: "RIP VC returns. h/t @Redpoint" Link

  • JJ: "As long as people believe more compute is gonna get the world to "AGI" (scam), the music continues. As soon as the world realizes that more compute will only rack up more energy bills, the music stops." Link

  • Formbricks: "Today is LAUNCH day Super pumped to get Formbricks Two out there Leave a comment on what you think about it" Link

  • JJ: ""Software is dead."" Link

  • Juan Linietsky: "Just so you know, the daily active users using #GodotEngine is around 60k users. Monthly active users estimated in hundreds of thousands. Installs in the millions... And it still grows exponentially YoY with no signs of slowing down ." Link

  • Richie - oss/acc: "New @Cap feature: Auto Transcriptions *Transcriptions will auto generate, and auto play once you finish recording *FREE for all @Cap users *Built-in auto language detection *Open source code is available here:" Link

  • Juan Linietsky: "Some numbers on published Godot games on Steam for you and how much they are growing:" Link

πŸ’ΈΒ COSS Liquidity (M&A + IPOs)

  • Dylan Patel: "The CEO of the 2nd largest semiconductor manufacturing equipment maker in the world, Applied Materials, has their CEO selling 25% of his stake in the firm. Nearly half their revenue comes from China. I've been telling Commerce Dept about restriction loopholes for a while. $AMAT" Link

πŸ› οΈ COSS Jobs

  • 4,538 jobs and 313 companies hiring! Link
  • Godot Foundation: "The Godot Foundation is #hiring! If you are a Senior Generalist C++ Programmer, this is your chance to work on an #OpenSource project full-time Check out the job listing: #GameDev #GodotEngine #FOSS" Link

πŸ“Š $COSS - Public Markets

  • $COSS markets down 1.19% last week

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

Koyfin market data

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