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COSS Weekly #40

COSS Weekly, Issue #40: August 1st, 2021

Here's the fortieth 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).

This last week saw $363M in funding for Odoo ($213M alone!), Element, Aleph Alpha, Spectro Cloud, Replicated, and Treeverse!


💰 COSS Funding: $363M

  • Element, leader of the Matrix chat protocol, announced makers of an analytical API platform, announced their $30M Series B led by Protocol Labs and Metaplanet. Link

  • Aleph Alpha, building Europe's largest sovereign AI models, announced their $27M Series A led by Earlybird. Link

  • Spectro Cloud, making it easy to manage the full lifecycle of Kubernetes environments, announced their $20M Series A led by Stripes. Link

  • Replicated, advancing multi-premise software adoption, announced their $50M Series C led by Owl Rock Capital. Link

  • Treeverse, developers of the LakeFS data lake management solution, announced their $23M Series A led by Dell Technologies Capital. Link

  • Odoo, the leading COSS business application platform, announces $213M growth equity investment from Summit Partners. Link

📚 COSS Content

  • Heather Meeker: "Check out a discussion of open source and antitrust on the Our Curious Amalgam podcast of the Antitrust Law Section of the ABA." Link

  • How To Build And Foster A Great Developer Community: Best Practices From The Experts by Glenn Solomon (GGV Capital). Link

  • Ben Halpern: "Grant for the Web is making such great use of @forem as an early adopter. " Link

  • lakeFS' First Birthday -- The Story. Link

  • JJ: "So happy for my friends at Summit and Odoo on this great partnership. Odoo is the worlds leading COSS business application platform ... and has grown 50% YoY consistently for a decade now. $1B / year in revenue is clearly within sight!" Link

  • Yad Konrad: "Please someone make open source docuSign, I can't believe one have to pay $500 for sending more than 5 documents with a signature spot that doesn't work in most browsers." Link

  • Experimenting with Dart and Wasm by Liam Appelbe and Michael Thomsen. Link

  • Roald Sieberath: "News is out: @Odoo is now a (double) #unicorn! Happy & proud to have served on the Board for 10 years. And brought my parent fund @Noshaq_be as investor 2y ago. A few thoughts from CEO @fpodoo on #growth and the value of #opensource Onwards". Link

  • HashiCorp's Mitchell Hashimoto on When to Step Down to the Job You Love. Link

  • Marc Seitz:" I'm celebrating @nocodb, an #opensource Airtable alternative, which recently passed 14k on GitHub! This is a massive week for the no code community along with @bubble's massive round! See video below." Link

  • JJ: "Free idea: NFT-powered, Gamified GitHub." Link

  • ParallelNFT: "Update to pack drop information!" Link

  • Vivek: "The #DEVCommunity and #CodeNewbies life." Link

💸 COSS Liquidity (M&A + IPOs)

  • JJ: "$COSS is up to 16 companies. 🚀 " Link

📊 $COSS - Public Markets

  • $COSS markets up 0.62% last week

  • Latest $COSS markets snapshot below as of close today courtesy of Koyfin.

Koyfin Charts

This issue of COSS Weekly is brought to you by Mayfield Fund

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Top comments (2)

ories profile image

Element's round was B not A - according to the PR

jj profile image
Joseph (JJ) Jacks