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COSS Weekly #31

COSS Weekly, Issue #31: May 30th, 2021 

Here's the thirty-first issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every Sunday afternoon (Pacific Time) 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, Liquidity and $COSS (Public Markets).

Last week yielded nearly $300M in new funding announcements for Tenstorrent (AI chips), Uptycs (SQL for OS devices), Airbyte (EL/T, data integration) and Orbit (Dev CRM) 🔥

Tons of great new content: blogs, data, launches, interviews... Let's dig in!


💰 COSS Funding: $291M 

  • Tenstorrent, a hardware startup led by the legendary Jim Keller developing next-generation graph-based AI computers based on the RISC-V open source processor specification, announced their $200M Series C led by Fidelity. Link ✨  
  • Uptycs, a company commercializing osquery, announced their $50M Series C led by Norwest. Link ☁️  
  • Airbyte, a company re-inventing data integration pipelines, announced their $26M Series A led by Benchmark. Link 🐙  
  • Orbit, the company delivering developer and community driven companies a new kind of system of record (CRM ++), announced their $15M Series A led by A16z. Link 🌎  


📚 COSS Content

  • Airbyte founders interview. Link  
  • Vue.js founder Evan You learned about an awesome new Vue-based alternative to Airtable called NocoDB. Link   
  • Alibaba Cloud is standardizing on RISC-V compatibility. Link  
  • The Bridgecrew team acquired by Palo Alto Networks launched a new open source project called Yor. Link  
  • Ghost founder John O'Nolan was interviewed by Product Hunt. Link  
  • Wikipedia and their endowment + fund raising efforts are making headlines. Link  
  • Join Kevin Xu on June 6th in discussion with Kevin Chen, the 1st Dev Advocate at Kong. Link  
  • Taylor Otwell, creator of Lavarel, shared his views on COSS. Link  
  • New Armon Dadgar (HashiCorp co-founder/CTO) interview. Link  
  • Aiven co-founder discusses Open Source Program Offices with VentureBeat. Link  
  • Stripe payment links product launch caused Mike Perham to offer some profoundly valuable advice for open source founders. Link  
  • Bootstrapped COSS Google Analytics alternative Plausible has reached $300K+ in ARR! Link  
  • The amazing Liyas Thomas, creator of Hoppscotch, joined Aviyel for an interview. Link  
  • Wordpress turned 18! Link  
  • Calendso, the open source Calendly alternative, got some press. Link  
  • The fine folks at Oxide Computer got a shiny new website. Link  
  • GitLab co-founder/CEO Sid said that they maxed out donation "revenue" at $1K~/month, while blasting past $10M+ in revenue per MONTH when they started embracing the open core model. Link  
  • ResearchHub is now open source! Link  
  • Ben Awad opined on "should you open source your startup?". Link  


💸 COSS Liquidity (M&A + IPOs)

  • No acquisitions or IPOs last week. 😅


📊 $COSS - Public Markets:

  • SUSE is now listed, bringing the total number of public COSS companies to a grand total of 12! 🚀  
  • $COSS went UP last week by 4.1% 📈  
  • Latest $COSS markets snapshot below as of close on May 28th, 2021, courtesy of Koyfin:

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