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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #67

Here's the sixty-seventh 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 ๐Ÿ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

This last week saw $250M in COSS funding announcements from Voltron Data, Temporal, Kubecost,, and KSOC, plus some new thought pieces from JJ, news from Remix and Elastic, and 10K stars for!


๐Ÿ’ฐ COSS Funding: $250M

  • Voltron Data, building tools for data science and Apache Arrow, announced their $22M Seed and $88M Series A. The Series A was led by Walden Catalyst. Link

  • Temporal, helping developers write reliable and highly scalable applications, announced their $103M Series B led by Index Ventures. Link

  • Kubecost, helping developers use Kubernetes efficiently at scale, announced their $25M Series A led by Coatue. Link

  •, making a full-stack solution for permissions as a service, announced their $6M Seed led by NFX. Link

  • KSOC, an event-driven SaaS platform for Kubernetes, announced their $6M Seed led by .406 Ventures. Link

๐Ÿ“š COSS Content

  • VentureBeat: "There are some notable differences between vendor-led and community-driven open source software. Read more from @psawers here:" Link

  • The Julia Language: "10 years ago, the original "Why We Created Julia" blog post was published. Today, we released a new blog post highlighting community members sharing "Why We Use Julia, 10 Years Later": #JuliaLang" Link

  • GitHub: "๐Ÿ“ฃ Our friends @httpie accidentally made themselves private so lost all their stars recently. They fixed it straight away but now we need your help. Check out the project and give them a star for Valentines if you still love them โค๏ธ" Link

  • Manish R Jain | mrjn.eth: "As of yesterday, I have resigned from my position as the CEO of Dgraph Labs, and a board member. This was a long, stressful and painful decision that I have been working on avoiding for the past year. But, I couldn't." Link

  • GitHub: "Over the past year, the GitHub Stars have made a tremendous impact in the community and used their knowledge and passion to help others." Link

  • peerrich.eth ๐Ÿ—“๐ŸŠ: "SaaS = value capture COSS = value creation" Link

  • Joseph Jacks (JJ): "It has been very heart warming and awesome to see @jack stand for open source fundamentals, and for an open future. Great conversation:" Link

  • Remix ๐Ÿ’ฟ: "๐Ÿ“ฃ Just released: Remix 1.2.0 ๐ŸŽ‰ - Simpler server builds ๐Ÿ‘ - Single-file server builds, compile directly to @Cloudflare workers! ๐Ÿ”ฅ - Experimental @deno_land support ๐Ÿฆ• - 90 first-time contributors ๐Ÿคฏ - TONS of bug fixes ๐Ÿ› Full release notes ๐Ÿ‘‡" Link

  • Elastic: "Elastic and @amazon have resolved the Elasticsearch trademark infringement lawsuit. Learn more on our blog:" Link

  • Joseph Jacks (JJ): "The sheer number of @elastic competitors written in @rustlang or that have performance/overhead-optimized value propositions is... impressive." Link

  • Joseph Jacks (JJ): "Calendly is the proprietary version of @calcom. Airtable is the proprietary @nocodb. Notion is the proprietary @appflowy. Unity is the proprietary @godotengine. Postman is the proprietary @hoppscotch_io. Bloomberg is the proprietary @gamestonkt." Link

  • Joseph Jacks (JJ): "๐Ÿงต Visualizing @OSSCapital's multi-decade thesis: "Open source is eating software faster than software is eating the world" ๐Ÿ‘‡๐Ÿผ" Link

  • Joseph Jacks (JJ): "Latest piece I'm working on โœ๏ธ ... Assessing the engineering centralization and VC influence characteristics of each of the top 5 most "successful" open source databases and public blockchains. ๐Ÿค“๐Ÿ’ธ Feedback welcome ahead of dropping the post!" Link

  • Joseph Jacks (JJ): "โœจ Shiny congratulations to @calcom on blazing past 10,000 stargazers โœจ" Link

  • "10,000 Stars โญ๏ธ 1,000 Forks ๐Ÿด 100 Contributors ๐Ÿ‘ฉโ€๐Ÿ’ป 10 months old ๐Ÿ“… 1 mission to connect a billion people ๐Ÿš€ Thank you all! ๐ŸŽ‰ Join and make history with us" Link\

  • Joseph Jacks (JJ): "Closed source software generates scarcity. Open source software generates abundance. It is paradoxical that blockchains generate monetary scarcity." Link

๐Ÿ’ธ COSS Liquidity (M&A + IPOs)

  • Akamai Technologies: "Big news: Developers will soon have an easier way to build, run, and secure apps and services. Akamai intends to acquire Linode." Link

  • Snyk: "๐Ÿ“ข Exciting news --- Snyk has acquired @FugueHQ! By joining forces, Fugue's capabilities will soon extend the Snyk Developer Security Platform, enabling the industry's first cloud security posture management (#CSPM) tool designed by and for developers." Link

  • Keyana Corliss: "Just a little flex from us at @databricks this morning ๐Ÿ˜Ž $800m ARR, 80% growth rate, and 150% net retention rate. Thank you and good day!" Link

๐Ÿ› ๏ธ COSS Jobs

  • Juan Linietsky: "Folks, if you believe companies only look for developers for the two major technologies you are mistaken. If you are a capable Godot developer and are looking for jobs, I suggest you add it to your LinkedIn profile." Link

๐Ÿ“Š $COSS - Public Markets

  • $COSS markets down 9.96% last week

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

Koyfin market data

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