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COSS Weekly #65

Here's the sixty-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 πŸ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

This last week saw $201M in COSS funding announcements from MariaDB, Rudderstack, Viam Robotics, Onehouse, ChistaDATA, and insightful content from across the space.


πŸ’° COSS Funding: $201M

  • MariaDB, makers of the MariaDB database and enterprise products, announced their $104M Series D. Link

  • Rudderstack, a customer data platform, announced their $56M Series B led by Insight Partners. Link

  • Viam Robotics, building open-source software and hardware for robotics, announced their $30M Series A led by Tiger Global, USV, and Battery Ventures. Link

  • Onehouse, building a cloud-managed hosted lakehouse service, announced their $8M Seed led by Greylock Ventures. Link

  • ChistaDATA, building fully-managed autonomous ClickHouse Infrastructure, announced their $3M Seed led by Sequoia India. Link

πŸ“š COSS Content

  • Matt Klein: "In reflecting further on the Kubernetes documentary, the thing that strikes me the most is the obvious astounding power of open community. My own short related anecdote from that era. 🧡" Link

  • Alyssa X: "Omg, Omni got featured in @FastCompany! 🀯" Link

  • Ryan Hoover: "There so many valuable learnings shared in investor updates (when transparent and well-written). Imagine if founders open sourced their updates. πŸ€”" Link

  • The OSS Startup⚑️: "⚑️Ep 17 of the OSS Startup Podcast is LIVE⚑️ Check out our convo w/ @james406, CoFounder & CEO at @posthog πŸŽ™οΈ Full ep --> Subscribe to our @launchawesome -->" Link

  • TechCrunch: "Docker makes comeback with over $50M in ARR two years into restructuring by @ron_miller" Link

  • JJ: "In discussion w/ one of my partners, the following profound observation was made πŸ‘‡πŸΌ Many COSS founders could dramatically elevate their messaging by saying: "As a comparison, X is a proprietary version of Y (us)"... instead of "We (X) are an open source alternative to Y". ✨" Link

  • GitHub Policy: "Looking to improve OSS sustainability? Submit your ideas to the Plaintext Group @SchmidtFutures Open Source Software Virtual Incubator. Selected proposals can receive funding to match your ambitions." Link

  • Replicated: "Tune in to our awesome podcast with @mitchellh where we dive into the founding and history of HashiCorp. The interview is conducted by our CEO, @GrantM and boy is it a good one. Take a listen here:" Link

  • Ayu Adiati: "I have @ThePracticalDev installed on my Android phone. Yesterday I installed the @forem app. And I love it! 😍 Now I can update & receive notifications from DEV, @CodeNewbies, @Devocate_, @vscodetips, and @newrelic all in one place! 🀩 Thank you!!! #DEVCommunity #CodeNewbie" Link

  • Kelly Kohlleffel: "It was fantastic to chat with Douwe Maan, Founder and CEO of @meltanodata, on #HashmapOnTap. His internal @gitlab project, Meltano, spun out to deliver an open-source, DataOps-driven ELT solution to the broader data community: #ELT #OpenSource" Link

  • Philippe Ensarguet: "Google and Microsoft back the Alpha-Omega Project to bolster software supply chain via @VentureBeat Structuring #opensource #security project for: 1️⃣identify and fix security vulnerabilities 2️⃣automate security analysis, scoring, and remediation guidance" Link

  • AndrΓ© Staltz: "I'm shocked that there doesn't exist an open source "Excel" alternative built in modern times (post-Google Docs era). Come on folks" Link

  • peerrich.eth πŸ—“πŸŠ: "thinking about this a lot: what if your company invests small tickets into your vendor? @ we work with a lot of other open source companies. what if we just invest small tickets ($25k) into a new vendor πŸ€” = mission alignment + strengthens partnership" Link

  • David Mytton: "Great fun chatting devtools investing with @edsim 🚧 How to develop a side project into an investable business πŸ’° Whether you should raise money for devtools 🍴 Open source and the threat of AWS forking you" Link

  • "We just launched our web3 integration to only accept bookings for certain tokens:" Link

  • Robby: "For all of the open-source hype, it's not obvious how to go from 'project-market fit' to 'product-market fit'πŸ’° Sharing learnings from @OssStartup Podcast founder interviews w/ @jthandy, @martin_c_mao, @mschireson, @rauchg, @mfateev, @jlowin, @LelandTakamine, @james406 & moreπŸ‘‡" Link

  • "We're following @parkerconrad's Call to Arms to make customer support stats public and have added a few new customer support KPIs from @intercom on Next: avg. response time and all trends as cohorts" Link

  • Bain Capital Ventures: "BCV's @samecrowder shares his perspective on the history of the browser and a primer on #WebAssembly. Opportunities to commercialize WebAssembly are still nascent, so he's keeping his eye on the space, both as an investor and as a fan of #opensource." Link

  • NGINX: "Today we announce that incredible NGINX co-founder Igor Sysoev has chosen to step back from F5 in order to spend more time with his family & friends and on personal projects. Thank you for everything you have done to make the world's websites better, Igor." Link

  • Chris Lattner: "After spending years working on AI/ML infrastructure, Modular AI is finally going to build it right. It is time for the best SW architects, engineers and product leaders to come together to lift the world's ML compute. Learn more at #modular_ai #AI #ML " Link

πŸ’Έ COSS Liquidity (M&A + IPOs)

πŸ› οΈ COSS Jobs

No COSS Jobs news this week.

πŸ“Š $COSS - Public Markets

  • $COSS markets up 4.03% last week

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

Koyfin market data

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