COSS Weekly, Issue #48: September 26th, 2021
Here's the forty-eighth 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 $325.3M in funding for Opentrons, ClickHouse, Raspberry Pi, Jscrambler, Exein, Loft, Infracost, and BattleSnake, as well as updates from Cal.com and COSS companies across the space!
Enjoy!
💰 COSS Funding: $58M
Opentrons, providing open-source solutions to lab automation, announced their $200M Series C led by SoftBank. Link
ClickHouse, makers of a database management system for real-time analytics with SQL, announced their $50M Series A led by Index Ventures and Benchmark. Link
Raspberry Pi, makers of open-source computing hardware, announced $45M in funding led by Landsowne Partners and the Ezrah Charitable Trust. Link
Jscrambler, protecting the source code of web and mobile apps from companies around the world, announced their $15M Series A led by Ace Capital Partners. Link
Exein, the first open source IOT Framework, announced their €6M Series A led by Future Industry Ventures and eCAPITAL Entrepreneurial Partners. Link
Loft, enabling platform teams in large enterprises to provide engineers with self-serivce Kubernetes access, announced their $4.6M Seed led by Fusion Fund. Link
Infracost, showing engineering teams how code changes will affect their cloud bills before production changes, announced their $2.2M Seed led by Sequoia, Y Combinator, SV Angel, and Yun-Fang Juan. Link
BattleSnake, building eSports for developers, announced their $1.5M Seed led by Madrona Venture Group. Link
📚 COSS Content
JJ: "Congrats to @Raspberry_Pi growth! ...Undoubtedly driven by the hyperbolic growth of the @getumbrel community." Link
Cal.com: "Today we're announcing our license change from MIT to AGPLv3 This'll ensure even more longevity of the community and protect us better. We're also open-sourcing our Enterprise Edition, however with its own proprietary license." Link
^ JJ's response: "The future of balanced, open source <> source available COSS startup licensing" Link
Mike Volpi: "The ClickHouse project has been a labor of love for more than a decade. Thanks to the persistence of our collaborators -@askatz1234, Yury Izrailevsky, Alexey Milovidov,@peterfenton & Yandex - what was just an idea is now an exciting new company." Link
OSS Capital: "As in physics, anything that can happen, will happen. As in technology, anything that can be open source source, will be open source." Link
JJ: "Huge congrats @ClickHouseDB on today announcing their $50M Series A led by two pretty phenomenal venture capitalists who have helped create more COSS unicorns than even I can count! // @peterfenton & @mavolpi //" Link
Nocodb: "Thank you HackerNews @ycombinator. This is an unlikely journey of how a customer wrote @nocodb its first Angel cheque." Link
^ JJ's response: "All open source creators and founders should read and learn from this." Link
Astropy: "We are delighted to announce that the Astropy project received significant funding from @NASA ROSES. Huge thanks to our contributors, the a co-authors of the proposal, and to @NumFOCUS ." Link
Linux Foundation survey shows companies desperate to hire open-source talent *by Steven J. Vaughan-Nichols (ZDNet). *Link
Cal.com: "Pricing for Enterprise should not be a Surprise. Today we're bringing more transparency to our pricing estimates for infrastructure use cases. http://cal.com/pricing" Link
Lex Fridman: "Here's my conversation with Travis Oliphant (@teoliphant), creator of SciPy, NumPy, Numba, and Anaconda. His work has empowered millions of programmers. https://youtube.com/watch?v=gFEE3w" Link
Fluence Project: "Wasm in Web3 talks, day2, livestream https://youtu.be/yLd5SPlF0Bo Agenda: Mikhail Voronov, Wasm at Fluence @fluence_project @VMS11 Syrus Akbary, Wasmer for web3 apps @wasmerio @syrusakbary Steven Allen, Operating on IPLD data in WASM @protocollabs @WebAssemblyNews @WasmWeekly." Link
Cal.com: "NEW: Accept payments with @stripe. Cal.com is now helping Coaches - Therapists - Course Creators - Hairdressers - Yoga Teachers - Lawyers - Personal Trainers - Mentors - Teachers - Wellness & Spa Owners... and many more to get paid for their time" Link
JJ: "Awesome story about how serving your early open source users and helping them solve real business problems... pays off in more ways than one! // @NocoDB." Link
Forem: "'Every #Forem is its own database, its own authority --which we think, overall is really good for the internet. But let's talk about why Forem is good for you...' - @bendhalpern #CodeLand #CodeLand2021." Link
The Digital Economy Runs on Open Source. Here's How to Protect It by Hila Lifshitz-Assaf and Frank Kagle (Harvard Business Review). Link
The Changelog: The business model of open source, with Adam Jacob, CEO of System Initiative and Co-founder of Chef. Link
💸 COSS Liquidity (M&A + IPOs)
- JJ: "When @salesforce acquired then-public @MuleSoft in 2018 for $6.5B, $MULE's revenue was $280M~... today it's $1.5B+! Making them the 2nd largest COSS business in existence after Red Hat. Remarkable M&A growth story. // @rossmason Investor day deck: https://s23.q4cdn.com/574569502/file." Link
📊 $COSS - Public Markets
$COSS markets up 1.24% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
This issue of COSS Weekly is brought to you by Mayfield Fund
Top comments (0)