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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #63

Here's the sixty-three 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 $52M in COSS funding announcements from Prophecy, Crowdbotics, Fleet, and Efabless, plus exciting threads and updates across the space.

Enjoy!


πŸ’° COSS Funding: $52M

  • Prophecy, a platform for low-code data engineering, announced their $25M Series A led by Insight Partners. Link

  • Crowdbotics, a low-code platform for business apps, announced their $22M Series A led by Jackson Square Ventures. Link

  • Fleet, building tools for osquery, announced their $5M Seed led by CRV. Link

  • Efabless, a community platform for custom chip creation, announced their Series A led by New North Ventures. Link


πŸ“š COSS Content

  • Timothy Chen: "Choices and challenges building OSS systems. The very first post covers the recent Backtrace Labs release open source project that builds a async data replication layer for SQLite. More info here! https://t.co/jJTULI3MW3" Link

  • Timothy Chen: "Decided to record more technical content and thankful to have @pkhuong willing to be the very first guest to do so :) a brand new content series that I am experimenting with is called OSS System Breakdown, which this time is very technically focused about the interesting" Link

  • Runa Capital: "As usual, we are pleased to present the latest update to our ROSS index --- the top-20 fastest-growing open-source companies in Q4 2021: https://t.co/j0RaiiQtBN" Link

  • Umbrel: "Umbrel 0.4.11 is now out with 4 brand new apps in the Umbrel App Store --- @ItchySats, Lightning Shell by @ibz, Helipad by @PodcastindexOrg, and @SatoshiSale, updated apps, latest Electrum server, performance improvements, bug fixes, and more! πŸŽ‰ Just login to update! πŸš€ https://t.co/g2EISMkE06" Link

  • MindsDB: "The secrets to success in #opensource with the amazing Joseph Jacks of @OSSCapital https://t.co/aFerBfUlLh #machinelearning #inDBML https://t.co/DbNd9hz5P6" Link

  • JJ: "The world continues to demand open core platforms up and down the stack... But why? Some answers: - Users control data - Users control tech stack - User-empowered permissiveness - Users trust tech vs. corporation - Decentralized innovation = fastest pace of innovation https://t.co/V7a0ViTnYq" Link

  • Remix: "One question we get quite often is how Remix compares to Next.js. Today we're answering that question πŸ‘€ The short answer is that we think Remix makes better trade-offs than Next in a variety of areas, both in DX and UX. The long answer πŸ˜…πŸ‘‡ https://t.co/w2ZgasHakx" Link

  • Peter Reinhardt: "As Segment grew from open source afterthought to the leading customer data platform, we "refound" product market fit several times. Surprising to me as a product person, our biggest learnings in PMF were from wildly uncomfortable questions from our sales team πŸ‘€ a thread 1/14" Link

  • JJ: "'Signal for crypto' is here. Meet inb0x πŸ“₯ Wallet-to-wallet direct messaging. ✨ Even better than Signal, which requires your identifiable cell phone number to authenticate and chat. 😬 inb0x only requires a crypto wallet address to chat securely with ANY other wallet. πŸ’₯ https://t.co/HCgjqKj8V6" Link

  • Tom Preston-Werner: "Curious what the very first versions of GitHub looked like back in 2008? I did an interview about it with @pioneerdotapp. Enjoy! https://t.co/74ic0bErmu" Link

  • Renee Shah: "Open-source business models require patience. It takes (at least) 18-24 months to build a community. And even then, you try to keep the lines clean between the OSS & commercial product. Most content has a lag, so your content doesn't reap benefits for months. Ty @tracymiranda! πŸ™‚ https://t.co/LJ6pc30x5r" Link

  • Lachlan Evenson: "Rule number 1 of OSS startups: Never name your company after your OSS project. What starts out as quick and easy marketing soon turns into a logistical nightmare that everyone must suffer through." Link

  • Gamestonk Terminal: "The Volatility Surface comes alive as a Jupyter Notebook Dashboard, open up multiple dashboards and work inside the terminal. Customize your workflow, for #free! On @github: https://t.co/3lL6TzigiH #SP500 #TSLA #optionstrade #volatility #100daysofcodechallenge #Python #fintwit https://t.co/avl7DCVOWE" Link

  • Diagrid: "All systems go! We are a startup that wants to help all developers deal with the challenges of writing distributed apps. We would love to hear from you! https://t.co/37VzTNjkzi" Link

  • Tracy Miranda: "job postings for director of devrel be like: - build our community! - rewrite our docs! - figure out what to do with open source! ...oh and work with marketing on events... ...and with product on their roadmap... https://t.co/i2ZjYR1AmA" Link

  • Ben Johnson: "So apparently a poor design decision I made on BoltDB in 2013 took down @Roblox for 3 full days last year. Damn. I'm sorry to all the folks at Roblox and @HashiCorp that probably pulled all-nighters to debug that issue. https://t.co/6gRmNCeJsT" Link

  • Chris Aniszczyk: "#kubernetes documentary is out! it was a bit nerve wracking having a film crew show up during the pandemic but happy to finally share this with everyone in the cloud native community! we need more of these 'tecumentary' style films on open source! https://t.co/ggBcfhZWEZ" Link

  • Christopher Việt.ETH Nguyen πŸ‡ΊπŸ‡² πŸ’™: "Open-source enterprise software brings User accountability to what was beholden only to Buyers before." Link

  • MergeStat: "New release πŸŽ‰ https://t.co/JJY8PT2LXi Includes a new summary command that prints out some git stats, with breakouts by author. Here's example output for facebook/react https://t.co/1IXDk0DmPW" 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 4.06% last week

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

Koyfin market data

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