Here's the sixty-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 $396.6M in COSS funding announcements from Starburst, Shopware, Superconductive, and Amplication, exciting updates on chips, and discussions on impactful open-source alternatives.
Enjoy!
💰 COSS Funding: $396.6M
Starburst, building tools for data warehouses and data warehouse analytics, announced their $250M Series D led by Alkeon Capital. Link
Shopware, building an open commerce platform, announced their $100M investment from Carlyle and PayPal. Link
Superconductive, makers of the Great Expectations data quality tool, announecd their $40M Series B led by Tiger Global. Link
Amplication, building a development tool for Node.js apps, announced their $6.6M Seed round led by Norwest and Vertex Ventures. Link
Randhir Thakur: "Through a partnership w/ @Intel Capital and IFS, we're creating a $1 bln fund to support 2 key strategic inflections: enabling modular products w/an Open Chiplet Platform, and supporting ISA-leveraged design approaches incl. #x86, #Arm, and #RISCV. https://t.co/lSFMkPlURU" Link
Forbes Tech: "Intel Creates $1B Innovation Fund To Grow RISC-V Market (And Attract New Foundry Customers) https://t.co/2bBC2xyXl7 https://t.co/o9we80uaJB" Link
📚 COSS Content
Asim Aslam: "I wrote down some thoughts at the end of last year on why the world needs an AWS alternative. It's something I've thought about for close to a decade and now I'm confident we REALLY need one. We're building it at https://t.co/Zip2hVhqFV. Let me tell you more about the journey. 👇 https://t.co/lTrXlvZ0vG" Link
Joseph Jacks (JJ): "As @bgurley postulated, I agree this is very good news for @risc_v and @intel's recent moves further reinforce this hypothesis. https://t.co/t0JeSJfRCH" Link
Philipp Koellinger: "Big publishers have taken advantage of scientists' unpaid labour and maintained control over the scientific record. Now, science faces a crisis of replicability + credibility. Time for a change. Introducing DeSci - building a new path forward for science. https://t.co/1DRugcmhBy" Link
Supabase: "Closed source companies be like https://t.co/SHWQ5wx7AG" Link
Zach Waterfield 🍊: "Seeing my friend @peer_rich and his team build and scale @calcom over the past year has been absolutely incredible. I'm constantly impressed with their creativity and determination. Here are some of my favorite things they've done:" Link
Joseph Jacks (JJ): "Someone please build a COSS digital events platform to avoid these perverse SaaS growth/consolidation incentives. Here I wrote a product vision in April of 2020 that I have still yet to see a single product implement: https://t.co/2RW5lORGIa https://t.co/9uEZcnoJwu" Link
Michel Tricot: "We're stoked to announce Airbyte's new partnership and integration with @dagsterio! Our users now have more control over their pipelines using Dagster, and Dagster's users can benefit from our 170+ data connectors. https://t.co/8dxBDJ1tAW #opensource #dataengineering #dataops" Link
peerrich.eth 🗓🍊: "we predict in the next 10 years, no enterprise will be using SaaS for core pieces of infrastructure and instead use COSS (commercial open source software) https://t.co/5mJaefG01U" Link
Remix 💿: "We've got a growing list of #RemixConf sponsors who are all excited to meet you in Salt Lake City in May! Check them out here: https://t.co/EQkGgV7sBN https://t.co/SKrWMKWyuV" Link
Joseph Jacks (JJ): ""The @Forem community, https://t.co/Pm91zyTx6r, has over 800,000 registered members and reaches more developers each month than Hacker News." 🔥🔥🔥" Link
Peter Reinhardt: "After we found product market fit @Segment in Dec 2012, we nearly ran out of money because we were so scared to ask customers to pay. It took two gracious customers, a cocky sales advisor and a lot of fernet to learn the true value of our product. A 🧵 with 📸 1/18" Link
Joseph Jacks (JJ): "Finally digitized this scribble https://t.co/wskTK7tZsB https://t.co/CRJgBp5eGh" Link
Stack Overflow: "We sat down with @tristaZero and Yacine Si Tayeb of @Sphere_Ex about their open-source product, Apache ShardingSphere, and the rise of #opensource in China. https://t.co/xydhggm4Kz https://t.co/ZD86qaFHso" Link
Mark Russinovich: "I've recently come to believe that public (permissionless) ledgers/blockchains (aka Web3) are a dead end. This post by David Rosenthal does a fantastic job of explaining the issues I identified and more: https://t.co/zPB0fXbnxG" Link
💸 COSS Liquidity (M&A + IPOs)
Confluent: "Today we announced our Q4 and full year 2021 financial results. Our accelerating revenue growth throughout the year is powered by the rise of #DataInMotion and our customers' shift to the cloud. Learn more: https://t.co/801uxYbs14 https://t.co/N63RGSaYgb" Link
TechCrunch: "Mirantis on run rate over $100M two years after buying Docker Enterprise assets https://t.co/hZjIoZE4Zy by @ron_miller" Link
🛠️ COSS Jobs
- JJ: ".@wasmerIO is growing! Join the original WASM startup building developer tools to simplify the adoption, scaling and production deployment of WebAssembly 🔥 🦀 🚀 https://t.co/KmvXn6C7le" Link
📊 $COSS - Public Markets
$COSS markets up 0.72% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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