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COSS Weekly #48

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 πŸ˜‹ 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 and COSS companies across the space!


πŸ’° 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

πŸ“š COSS Content

  • JJ: "Congrats to ⁦@Raspberry_Pi growth! ...Undoubtedly driven by ⁦the hyperbolic growth of the @getumbrel community." Link

  • "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

  • "Pricing for Enterprise should not be a Surprise. Today we're bringing more transparency to our pricing estimates for infrastructure use cases." 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." Link

  • Fluence Project: "Wasm in Web3 talks, day2, livestream 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

  • "NEW: Accept payments with @stripe. 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

πŸ’Έ COSS Liquidity (M&A + IPOs)

πŸ“Š $COSS - Public Markets

  • $COSS markets up 1.24% last week

  • Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.

Koyfin Market Data

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

Mayfield Fund Graphic

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