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COSS Weekly #55

Here's the fifty-fifth 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, Jobs, Liquidity and $COSS (Public Markets).

This last week saw $205.M in COSS funding announcements from WSO2, Neo4J, Daily, Kubermatic, and CloudQuery, plus news from some major COSS companies and open-source projects, including Hoppscotch, Svelte, Penpot, GitLab, and more!


💰 COSS Funding: $205.5M

  • WSO2, building next-gen solutions for delivering APIs, applications, and digital identities, announced $90M in funding led by Goldman Sachs. Link

  • Neo4J, building the category-leading graph database, announced their $66M Series F Extension led by Inovia. Link

  • Daily, working on the future of video, audio, and WebRTC, announced their $40M Series B led by Renegade Partners. Link

  • Kubermatic, building a platform for automated Kubernetes operations, announced their $6M Seed led by Nauta Capital. Link

  • CloudQuery, building an open-source cold asset inventory platform, announced their $3.5M Seed led by BoldStartVC. Link

📚 COSS Content

  • DoltHub: "Is DoltHub the @figmadesign of databases?" Link

  • Brad Fitzpatrick: "@Tailscale is up to 22 full-timers now..." Link

  • Ben Halpern: "How does @forem use @forem internally? Here's a glimpse into" Link

  • Chad Whitacre: "Rounding up a few 'Open-source alternative to X' SaaS companies:

    @glimesh - Twitch

    @PlausibleHQ - Google Analytics

    @chatwootapp - Intercom

    @typesense - Algolia

    @liberapay - Patreon

    What others are out there these days?" Link

  • ^ Jason Bosco's response: "

    @ToolJet - Retool

    @nocodb - Airtable

    @calendso - Calendly

    @Mattermost - Slack

    @Focalboard - Trello, Asana" Link

  • Nick Schrock: "Working on docs is so much work and often goes unnoticed. This tweet about @dagsterio's docs made my day." Link

  • Souregraph: "Today, we announced that we are accepting maintainership of Zoekt. We wrote this blog to share how we're tackling the long tail of tiny repositories by introducing shard merging to Zoekt, in our quest to index the OSS universe." Link

  • Shawn Cherian: "COSS Index ripped this week to an ATH! #OpenSource #SoftwareStartups #EnterpriseTech" Link

  • Heather Meeker: "Last of original SCO v IBM Linux lawsuit settled via @ZDNet & @sjvn" Link

  • Jesse Pollak: "$ENS is a watershed moment: * important public good, built as OSS over many years * $2B+ of ownership distributed to contributors and users, with no allocation to investors * scaled liquid democracy governance w/signed constitution welcome to our crypto cooperative future!" Link

  • Pete Soderling: "Thrilled to announce publicly what I've been working on in the background - the Data Community Fund! It's an early stage fund focused on supporting B2B data/ML/AI startups and designed to fulfill my ambition of helping 1k engineers start companies ftw!" Link

  • The OSS Startup: "Ft. @mobile__dev Co-founder & CEO @LelandTakamine Check it out -- >" Link

  • Alyssa X: "Having some fun in @figmadesign Been adding a lot more complexity to my tool: an output section to save/export data, logic (loops + conditionals), variables, scripting, and integrations with @zapier + others. I think it'll end up being a pretty powerful automation tool! " Link

  • JJ: "The #1 open source API development infra (@hoppscotch_io) is now available for Teams. Unlimited teams. Unlimited shared collections. Unlimited team members. Role-based access control. Cloud sync. Multiple devices." Link

  • Fred Ehrsam: "In 50 years, it will be unimaginable that the networks which run society: money, the financial system, and internet platforms, were once closed" Link

  • Forem: "'Open source is the most important thing we have going on in the world today [...] Everyone is invited, and that's awesome.' - @adamstac from @changelog (on the S7 premiere of #DevDiscuss podcast from @Dev_Pods)" Link

  • Juan Linietsky: "Is your company (or the company you work for) licensed for Playstation and you believe it would be useful for that company now or at some point in the future that Godot is offered as licensed technology to develop for it? If so, please drop me a DM." Link

  • Penpot: "We can't be more exicted to share that PENPOT IS NOT IN BETA! We've made a microsite to tell you why beta now, what makes Penpot ready for beta version, from launch to beta and beyond. If you love it, your team will love it." Link

  • Google open-sources ClusterFuzzLite to secure the software supply chain by Paul Sawers (VentureBeat). Link

  • Rich Harris: "today is a big day for @sveltejs: i've joined @vercel to work on it full time! so happy about what this means for svelte's future. it'll be the same independent, pluralistic project as before, but with Vercel's backing we can get ambitious." Link

  • Decibel: "Episode 5 of #TheDecibelPodcast is out now! Tune in to hear our Founding Partner, @jonsakoda, in conversation with @mroesch, founder and CEO of @Sourcefire (acquired by @Cisco) on Marty's journey to CEO, including how laser tag became his foray into cybersecurity and more..." Link

  • Heather Meeker: "Oops -- first state to allow DAO LLCs is not going smoothly." Link

  • Elrick Ryan: "Remix is going to put developers on the Hot Path to build accessible, scaleable, and performant apps, that have stellar user experiences and amazing developer ergonomics. It's not only going to be a win for developers, but also a big win for the end-users! @remix_run" Link

  • Patricia Kowsmann: "This is the story of Binance. In 2017 it started offering trading of some cryptocurrencies. Now it's the crypto equivalent of the London, NY and Hong Kong stock exchanges combined. Take notice. Regulators are. @ceostroff and my deep dive." Link

  • "NEW PR: renamed Enterprise Edition to Commercial Edition to be more inclusive for startups #buildinpublic we've recently changed our pricing to be more startup-friendly which also means the name "Enterprise" license doesn't make..." Link

  • Kent C. Dodds: "I just published Why I Love

    @remix_run: 'I love Remix because it enables me to build amazing user experiences and still be happy with the code I had to write to get there.' Let's dig a little deeper..." Link

  • Google AI: "Announcing the release of VHP, a new open-source platform for the design, development, and implementation of wearable multi-channel haptics, which includes system hardware, design specifications, and software. Learn more below:" Link

  • Maneesh Sharma: "My thoughts on : Open Source Venture Capital. Exciting new trend of #OpenSource led #startups from India raising funding." Link

💸 COSS Liquidity (M&A + IPOs)

  • GitLab: "We can't gush enough about what @dzaporozhets means to us. Thank you for creating GitLab and making it open source. Dmitriy made a 10 year commitment to GitLab in 2011, and in 2021 he lived up to his promise and more. Read his thoughts on his journey." Link

  • JJ: "'Very nice work @gitlab, headed northbound on the 101 into SF. $GTLB $COSS" Link

  • JJ: "Soon, > 50% of the top 10 largest cloud companies will be COSS. Today, 20% already are." Link

🛠️ COSS Jobs

📊 $COSS - Public Markets

  • $COSS markets up 1.81% 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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