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COSS Weekly #56

Here's the fifty-sixth 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 $245M in COSS funding announcements from Netlify, PlanetScale, Alluxio, Bit, and Elementl, plus news from some major COSS companies and open-source projects, including Envoy, Budibase, Appflowy, Remix, and more!


💰 COSS Funding: $245M

  • Netlify, the serverless JAMstack platofrm, announced their $105M Series D led by Bessemer Venture Partners. Link

  • PlanetScale, building scalable, transactional databases, announced their $50M Series C led by Kleiner Perkins. Link

  • Alluxio, the in-memory file system for data orchestration, announced their $50M C led by a leading global investment firm. Link

  • Bit, helping front-end developers collaborate on component-driven software, announced their $25M Series B led by Insight Partners. Link

  • Elementl, the company behind Dagster, announced their $15M Series A led by Index Ventures. Link

📚 COSS Content

  • Shinji Kim: "Today, we're releasing General Availability of Select Star Starting today, Select Star is available for anyone to try it out for Free (or use it for Free forever). Founding story" Link

  • Michael Jackson: "We're super excited to welcome Kent to the team Kent is a world-class educator and teacher. We're incredibly lucky to have him! If you're frustrated because you don't understand what Remix is or what it can do for you, be happy. You're about to find out " Link

  • Heavybit: "An open source community is different from a product qualified lead because somebody could download the product off of GitHub or npm to start using it. So where does marketing and sales come into play? Hear from @rajoshighosh, founder & COO of @HasuraHQ. " Link

  • Anna Berenberg: "And just like that ... GCP External HTTP(S) LB is based on @EnvoyProxy in Preview - (the old one is called classic). @GoogleCloudTech @mattklein123 @alyssa_oss @htuch314 and so many more Google and OSS teams." Link

  • Matt Huang: "Crypto/Web3 is the most exciting frontier in technology Thrilled to announce @Paradigm's new $2.5B fund" Link

  • Budibase: "Budibase is live on ProductHunt. We've also released a new promo video which you can watch on our Product Hunt post. Check us out." Link

  • Sahil: "Product-market fit is easy if you start with community." Link

  • Robby: "I wrote about an investment framework for evaluating early-stage developer tool startups in today's environment." Link

  • Athens: "We are very excited to announce our official 1.0.0 release! Download it at No new features, just a well-tested data-loss-free app. Who's excited for Multiplayer next?! Collaborative & Collective, Distributed & Decentralized, Knowledge Graphs More soon" Link

  • Remix: "Mark the date! Remix is going free and open source on Monday and the team will be hosting a live stream to answer your questions! Join to ask questions. And hit the bell on the video: to be notified when we go live!" Link

  • Remix: "This is from the network tab of a demo we've been working on. In this 61.19ms we determined your geolocation, read some cookies, rendered an app, and served it back to you.

    @remix_run + @CloudflareDev Workers = ⚡" Link

  • JJ: "Without Open Source, the following would fundamentally NOT exist: - Consumer Internet ($5T+ category) - SaaS / Cloud ($2.5T+ category) - "Web3" / Blockchain ($2.5T+ category)" Link

  • GitHub: "Helping others and expecting nothing in return has always been @liyasthomas's focus, and how he created Hoppscotch. Hear him share what's next, now on The ReadME Podcast:" Link

  • "60 days after v.1.0 we're excited to be launching v.1.1: i18n (internationalization). This update comes with more than 10 new languages, currency & date conversion, and a lot of new features and bug fixes. Read more (Thread)" Link

  • JJ: "HUGE CONGRATS to the FASTEST growing open source project of 2021: @NocoDB! Smart spreadsheets atop any database! In < 6 months, rocketing past 20,000 + stars" Link

  • Peer Richelsen: "a lot of you asked for revenue metrics for and we finally found a way to pipe data from @stripe into @metabase thanks to @vl_klmn and @jitsucom" Link

  • Christina Gorton: "I love our Community Success team at @forem. So happy we were able to chat last week with them. Check out this video if you are interested in Community Management or want to know more about what our Community team does at Forem." Link

  • Plausible Analytics: "t's been a wild ride to $500k ARR: $0 to $400 MRR in 12 months $400 to $10k MRR in 9 months $10k to $41,6k MRR in 10 months Learn more about our journey to date:" Link

  • Alyssa X: "Create stunning teasers for your products Today I'm launching Animockup 2.0, and it's cooler than ever. Add gradient backgrounds, set animations with custom timing and easing, browse through 20+ mockups, and much more." Link

  • Peer Richelsen: "I've had a handful of calls with DAO members who are in charge of deciding what technology to use internally pretty much everyone would've preferred an open-source solution over a SaaS tool if DAOs grow, COSS companies will grow too" Link

  • Pomp: "If you want to launch quickly, build a centralized system. If you want to last forever, build a decentralized system." Link

  • JJ: "A profound inversion of tech value capture is happening: From closed-core companies to open-core companies. Old way: Proprietary tech founders would capture the value created by open source creators. New way: Open tech founders capture value created by their tech." Link

  • The OSS Startup: "Ft. @EgilCo & @ivarconr, co-founders of @getunleash - the open-source feature management platform" Link

  • Pawel Mioduszewski: "WOW! @spaceloot_nft Collection Browser now with filters! [*live data from terra blockchain] Don't forget to mint your spaceship on @knowhere_art #metaverse! LINK: Thanks to @theappsmith for great #nocode / #lowcode platform!" Link

  • Forem: "If you've ever considered creating your own #Forem community with Self-Host (our free, self-managed open-source community software), this page on Forem[dot]dev is an indispensable resource" Link

  • Kent C. Dodds: "Password-based authentication with @remix_run in less than 100 lines" Link

  • CUE: "One of the best early blog posts about @cue_lang is from @cedricgc. Brilliant writing well worth a read." Link

  • Rizel Scarlett: "Spent a lot of this week learning from @Meta_Ashley and @bdougieYO about open source, OSPOs, and how businesses can adopt an open source model. I wrote a blog post about what I learned!" Link

  • tbDex: "We made a white paper." Link

  • Liyas Thomas: "Hoppscotch is trending #1 on GitHub" Link

  • Andrew Bastin: "@hoppscotch_io running in weird places because why not. (by @joeljs_10, one of our contributors)" Link

  • Peer Richelsen reacts to a MetaMask event integration. Link

  • JJ: "Awesome to see this exciting open source Notion alternative launch!" Link

  • JJ: "Every new and old proprietary SaaS vendor category will have an equivalent (++) open core alternative. This is inevitable. What is also inevitable: Open source dominates and wins every market it enters ... eventually." Link

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

  • Annie Anqi: "We just made our MVP open to the public on Github - an open-source alternative to Notion built with Flutter and Rust. Here is the repo: It's at a very early stage, but we'd love to hear your thoughts. #buildinpublic #rustlang #OpenSource #flutterdev " Link

  • Polygon: "1/3 #Polygon is donating $1M to @gitcoin to help fund open-source projects. #Developers can earn by participating in sponsored hackathons, bounties, and community Gitcoin grants. Learn more:" Link

  • Liyas Thomas: "33,333 GitHub Stars for @hoppscotch_io Many thanks to our open source community" Link

  • It's FOSS - Linux Portal: "A Notion-like open-source app? Sounds good! #OpenSource #Productivity" Link

  • Astasia Myers: "Amazing to see so many #opensource alternatives to #SaaS products:\
    BI @LookerData --> @preset_data
    Spreadsheets @airtable --> @nocodb
    Admin panels @retool --> @theappsmith
    Notetaking @NotionHQ --> @appflowy " Link

💸 COSS Liquidity (M&A + IPOs)

  • Y Combinator: "YC S18's @onegraph is joining @Netlify to make it easier to compose modern web apps with APIs and services. With this acquisition, Netlify debuts API Authentication, the first step in making multi-app service integrations easier." Link
  • MayaData: "We are excited to announce that @DataCore is acquiring MayaData This acquisition will help MayaData accelerate enterprise use of the product while still focusing on the strengths and building of the open source community Read more on the acquisition:" Link

🛠️ COSS Jobs

  • JJ: "There are 8,820+ open COSS jobs highlighted here, thanks to the awesome work by @AmitTaylor // @trueupinc" Link

  • Fabien Potencier: "#Symfony corp (not core) is hiring a few remote developers to help us on our non-Open-Source projects, the ones that allow us to sustain the Open-Source project. We're looking for Symfony devs anywhere in the world. Don't be shy, apply today." Link

  • Treasure Data now has 200+ open positions globally (Remote, US, Japan, Canada, UK, Germany, etc). Come and join us to accelerate the world's customer-centricity in the age of digital customers while honoring the consumer privacy. Link

  • Conor Russomanno: "Who wants to be @OpenBCI's CTO?" Link

  • Full-stack developer. (Wasmer)

  • Chris Aniszcyk: "'Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides'" Link

📊 $COSS - Public Markets

  • $COSS markets down 3.80% 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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