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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #62

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 πŸ˜‹ 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!


πŸ’° 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

πŸ“š COSS Content

  • The Verge: "Open source developer corrupts widely-used libraries, affecting tons of projects" Link

  • Christian: "If you've learned NextJS and want to see how a large application well-written application is written checkout (@calendso) 's repository. 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 πŸ”₯ With Omni you can use Chrome like a pro πŸ™Œ Manage your tabs, bookmarks, browser history, perform actions (integrated w/ @figmadesign, @linear...), use shortcuts and more with a simple interface. πŸ‘‰" 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 ☁️" Link

  • Ovio: "Guess what? We created a collection of trendy COSS projects! That's right, commercial #opensourcesoftware that are rocking it πŸš€ Thank's to our friend @asynchio and his insightful newsletter we are adding all the new scaling open source businesses in there" 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 πŸ—“πŸŠ: ""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" 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." Link

  • Rajko RadovanoviΔ‡: "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 πŸ‘‡πŸ§΅" 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 ✨" Link

  • peerrich.eth πŸ—“πŸŠ: " is nominated for the @ProductHunt #GoldenKittyAwards2021 to be Product of the Year".Link

  • Alyssa X: "I'm so excited! I managed to get ✨ 3 nominations ✨ for the Golden Kitty awards 😍 πŸ—ΊοΈ Mapus for Design tool of the year πŸ“Ή Animockup for Design tool of the year πŸ‘» Jumpskip for Product demo video of the year Would love if you could vote for them! πŸ™ πŸ‘‰" Link

  • JJ: "Disruptive Tech + Steep Learning Curve = Market Opportunity." Link

  • JJ: "Woah. This is beyond remarkable. 15,000 stars from zero in 90~ days. The world is demanding open core platforms!" Link

  • "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

πŸ’Έ COSS Liquidity (M&A + IPOs)

No COSS Liquidity news this week.

πŸ› οΈ COSS Jobs

No COSS Jobs news this week.

πŸ“Š $COSS - Public Markets

  • $COSS markets down 6.74% last week

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

Koyfin market data

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