Here's the sixty-second 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 $41.85M in COSS funding announcements from Observable, Qdrant, Joget, and ToolJet, plus exciting product updates across the space!
Enjoy!
💰 COSS Funding: $41.85M
Observable, building tools to collaborate with and communicate data, announced their $35.6M Series B led by Menlo Ventures. Link
Qdrant, building an open-source neural search engine, announced their €2M Pre-Seed led by 42CAP and IBB Ventures. Link
Joget, building a no-code/low-code application development platform, announced their $2.2M pre-Series A round led by private investors. Link
ToolJet, building a low-code framework for internal tools, announced their $1.55M Seed led by Nexus Venture Partners. Link
📚 COSS Content
The Verge: "Open source developer corrupts widely-used libraries, affecting tons of projects https://t.co/RDT20Zjw1j https://t.co/bdfo5NIo2Z" Link
Christian: "If you've learned NextJS and want to see how a large application well-written application is written checkout https://t.co/1Bij3ANtaL (@calendso) 's repository. https://t.co/k8wcTxpMau I've been learning a ton from reading through some of the code." Link
Alyssa X: "The all-in-one tool to supercharge your productivity 🔥 With Omni you can use Chrome like a pro 🙌 Manage your tabs, bookmarks, browser history, perform actions (integrated w/ @figmadesign, @linear...), use shortcuts and more with a simple interface. 👉 https://t.co/O4hchLNz5y https://t.co/a9DlzZWaz7" Link
Shomik Ghosh: "Software Snack Bites #22: State of OpenCloud Report Deep Dive - 1st post of 2022 covering some personal news 🤣 - Diving into my favorite annual report on OSS and infra software from @BatteryVentures - GTM models, software trends, and of course the ☁️ https://t.co/q8qS9CGMew" Link
Ovio: "Guess what? We created a collection of trendy COSS projects! That's right, commercial #opensourcesoftware that are rocking it 🚀 Thank's to our friend @asynchio and his insightful newsletter we are adding all the new scaling open source businesses in there https://t.co/7gxHs1Oqmc" Link
JJ: "> $620 BILLION in venture capital was deployed globally in 2021, more than doubling 2020. Mind blowing. But you know what? Even though COSS companies raised nearly 6X more last year vs. 2020, that represented less than 4% of the total ($20B~). COSS is still very early." Link
peerrich.eth 🗓🍊: ""Nuke my Cal" an app coming soon to Cal, where you can click a big red button and auto-reschedule every calendar event you have planned for the day. in case of emergency https://t.co/v8lXAX8XKO" Link
Kent Walker: "Open source software is the connective tissue for much of what we all do online, and it deserves the same focus and funding we give to our roads and bridges. Today we shared with @WhiteHouse some of our ideas for protecting open source security. https://t.co/UsN3FitaJY" Link
Rajko Radovanović: "0/ New Year's resolution: start writing! First blog post is live - had fun with this one Examines top trending Github repos in 2021 to better understand OSS and Dev culture Six areas covered, each recapped below 👇🧵 https://t.co/YtlY9tT3tw" Link
Alina Okun 🚢: "Steps to set up a DAO via @COSS_Community 1. Developers create a smart contract to operate the DAO. 2. The DAO sets up a funding source. 3. The DAO establishes rules for altering the smart contract in the future. 4. The smart contract is deployed on a blockchain." Link
jack⚡️: "We're officially building an open bitcoin mining system ✨ https://t.co/PaNc7gXS48" Link
peerrich.eth 🗓🍊: "https://t.co/Cc8su8YPuu is nominated for the @ProductHunt #GoldenKittyAwards2021 to be Product of the Year https://t.co/B6uC1RTIyL".Link
Alyssa X: "I'm so excited! I managed to get ✨ 3 nominations ✨ for the Golden Kitty awards 😍 🗺️ Mapus for Design tool of the year 📹 Animockup for Design tool of the year 👻 Jumpskip for Product demo video of the year Would love if you could vote for them! 🙏 👉 https://t.co/ndNgtrcogj https://t.co/X9YU7QVcUw" Link
JJ: "Disruptive Tech + Steep Learning Curve = Market Opportunity. https://t.co/Jr9D8KilD6" Link
JJ: "Woah. This is beyond remarkable. 15,000 stars from zero in 90~ days. The world is demanding open core platforms! https://t.co/s75Ivf8v6f" Link
Cal.com: "We're happy to announce the new version 1.2. Teams revamp . Many stability and performance upgrades. Import from Calendly or SavvyCal Advanced webhooks & metadata/prefill and much more." Link
💸 COSS Liquidity (M&A + IPOs)
No COSS Liquidity news this week.
🛠️ COSS Jobs
No COSS Jobs news this week.
📊 $COSS - Public Markets
$COSS markets down 6.74% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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