Here's the seventy-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 😋 news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).
This last week saw $390M in funding announcements from Astronomer, Island, SpectroCloud, Unleash, and SignalWire, and exciting product updates and discussions.
Enjoy!
💰 COSS Funding: $390
Astronomer, building tools for data orchestration, announced their $213M Series C led by Insight Ventures. Link
Island, makers of an enterprise browser, announced their $115M Series B led by Insight Partners. Link
SpectroCloud, makers of a Kubernetes management platform, announced their $40M Series B led by Stripes. Link
Unleash, makers of feature management tools, announced their $14M Series A led by Spark Capital. Link
SignalWire, founders and maintainers of FreeSWITCH, announced that TMobile has joined their Series B round with an investment. Link
Tea, a new open source funding initiative created and launched by Max Howell, the original engineer behind Homebrew, announced an $8M Seed investment led by Binance Labs. Link
📚 COSS Content
Joseph Jacks (JJ) 🇺🇦: "Orthogonal to hype cycles, Open Core startups (COSS, "Web3", etc) can raise early VC probably 10-100X more easily vs. Closed Core startups --- simply due to fact that investors can obtain proof of origination, quality, momentum, velocity ++ well before meeting the founders. 🔥" Link
Jonathan Reimer: "'Open Source Alternative To' launched on ProductHunt this morning. Let me know what you think of the new design. :)" Link
Joseph Jacks (JJ) 🇺🇦: "Very exciting! Webflow is the proprietary version of Webstudio, which compiles to @remix_run 🔥" Link
COSS Community 🌏: "🔥🔥🔥🔥🔥🔥 https://t.co/kFBNNZqxw4" Link
COSS Community 🌏: "@webstudiois @remix_run @radix_ui @vercel https://t.co/YYeSfZ7Goa" Link
Joseph Jacks (JJ) 🇺🇦: "This seems totally backwards. It's the logic of the token implemented natively in the Blockchain itself, which is a piece of open source software? https://t.co/oQC5G8X2Ar" Link
Open Source Startup Podcast🎙: "⚡️NEW Open-Source Startup Podcast⚡️ Featuring the awesome @MichelTricot, Co-founder & CEO of @AirbyteHQ💪 Check it out👇https://t.co/4h5RENmZbU" Link
Joseph Jacks (JJ) 🇺🇦: "Latest @GitHub stargazer distribution stats! 🤓👇🏽 5.6M~ repos have > 1 stargazers 250K~ repos have > 100 stars 34K~ have > 1,000 stars 2,300~ @ > 10,000 ✨ 750~ @ > 20K 340~ @ > 30K 190~ @ > 40K 127~ @ > 50K 79~ @ > 60K 57~ @ > 70K 46~ @ > 80K 37~ @ > 90K 13~ @ > 150K 4 @ > 200K https://t.co/fSRCLiLJaW" Link
Matt Mullenweg: "Huge honor to be be on the @HowIBuiltThis podcast with @guyraz, here's a link to listen on @pocketcasts 😄 We spoke for 4 hours! Awesome how they edited it down. https://t.co/6NsXgxRSbd" Link
cal.com/peer 🗓🍊: "crazy journey for https://t.co/j2iMUvRyYq so far, going from 0 to top 2300 repositories world-wide Top 750 when? https://t.co/NzL1gUxkhn" Link
Heather Meeker: "Open source enters the war. "Corrupted open-source software enters the Russian battlefield" https://t.co/0eqmCASUlQ via @ZDNet & @sjvn" Link
Liyas Thomas: "Hoppscotch now has 40,000+ GitHub Stars 🥳🎉✨ Thank you everyone for joining us on this amazing journey! https://t.co/3yxNxcwn4e" Link
Brian Schechter: "Thanks to Scott Buxton and @ethanjb for joining @PrimaryVCs OS Fellowship. Biggest learning: in the early days, OS businesses closely resemble consumer businesses. Both are about selling to people. The best OS businesses have some, if not all, of these people-centric traits🧵" Link
Joseph Jacks (JJ) 🇺🇦: "PSA to all VCs: Code itself holds absolutely zero intrinsic value. The only value is in providing differentiated experiences to customers. https://t.co/ekxHrl3IDk" Link
Jonathan Reimer: "I've just made the website stats of "Open Source Alternative To" publicly available via @PlausibleHQ. Makes it for example transparent which projects were clicked how often: https://t.co/wplX75p6G6" Link
Joseph Jacks (JJ) 🇺🇦: "COSS companies are fundamentally the most capital efficient species of tech company. Unfortunately, they also now attract a huge amount of venture capital given the fact that this is no longer a "secret"." Link
Storybook: "📣New Storytime with @mojombo drops today 📣 Learn about @redwoodjs and the future of frameworks from --- co-founder of GitHub --- Tom Preston-Werner! YouTube Premiere is at noon EDT ⏰ https://t.co/YD0sEIKVi3" Link
Paul Copplestone: "Only 343 repositories on GitHub have more than 30k stars (https://t.co/UtCB6cfb6N) @supabase is about to join the ranks, thanks to all the help and support from one of the best communities on the internet ⚡️ https://t.co/PeS1RZ4E6S" Link
Sanjay Poonen: "Honored to be investing and advising @abperiasamy and the good team @Minio... https://t.co/HMkeSFZUot" Link
MinIO: "MinIO revs the commercial engine with the addition of two new advisors. Sanjay Poonen (@spoonen) former @VMware COO + Tony Werner, former @Comcast President. Both come on as investors: hubs.li/Q016ys1M0 #multicloud #opensource " Link
DEV Community 👩💻👨💻: "🌐 @COSS_Community is a #Forem community built to explore the world of commercial open source deeply. Check it out today! https://t.co/g8t5XbEaZy @forem @OSSCapital https://t.co/C2Qcz3NDCE" Link
Forem: "Interested in Commercial Open Source? There's a #Forem for that. Introducing @COSS_Community where you can connect with COSS founders, developers, investors, and fans. We're applauding @OSSCapital for creating this impactful space 🌱 https://t.co/PmZAjhuA3A" Link
Joseph Jacks (JJ) 🇺🇦: "COSS absolutely dominating here... A16z missed a bunch of great names though: @MindsDB @dagsterio @cue_lang @nocodb @theappsmith @Talend @DataStax @appflowy @mergestat @gamestonkt @h1st_ai 🤗✨" Link
swyx: "Not enough people are talking about the fact that Wordpress gains 3-4% market share of the entire web annually. Let me rephrase: Wordpress adds 1 Shopify every year. w3techs.com/technologies/his... " Link
Matt Mullenwegg: "https://ma.tt/2022/03/guy-razs-how-i-built-this/" Link
Remix 💿: "Exciting things are happening over at remix.run/blog/remixing-reac... 👀 We're bringing much of what people love about Remix into React Router! This has huge implications. Get ready to delete a lot of code ✂️" Link
mxcl.eth: "The tools that build the Internet have steeped too long. It's time for a fresh brew. https://t.co/CrFRpoXFol" Link
Brian Schechter: "1/ On COSS with @Hectaman at the @PrimaryVC Fellowship: Community is never accidental. It takes time to build a good community. Pioneers will only come to you once there is gold 🥇 So, focus on the Explorers 🧭" Link
Tim Sweeney: "Big day! And also Apple filed its appeal brief: https://t.co/28DVvM57Wm https://t.co/CxROyEq0Ij" Link
jack⚡️: "The choice of which algorithm to use (or not) should be open to everyone https://t.co/o2DkSTWW0O" Link
cal.com/peer 🗓🍊: "we started a new stipend in our company: anyone who wants to stream their work can fully expense equipment https://t.co/Wb6f7VW9LI" Link
Open Source Startup Podcast🎙: "⚡️New Open Source Startup Podcast Episode⚡️ Ft. @stevenfabre, Co-founder & CEO of @liveblocks - the open-source collaboration tooling platform https://t.co/3YXnzaaH2B" Link
Joseph Jacks (JJ) 🇺🇦: "From day 0, all COSS startups should celebrate every new ... star, fork, contributor, adopter, deployment, commit, rebase, PR, bug report, feature request, follower, community member +++ Tools and services for measuring and tracking all these metrics are rapidly emerging! ✨ ❤️" Link
Linda Lian: "@josephjacks_ OSS communities from day 1 extend far beyond only GitHub. @CommonRoomHQ supports GitHub and more. Check out our DBT case study https://t.co/7bOQOVlA8U" Link
Sam Ramji 🇺🇦: "@josephjacks_ Try @OrbitModel for your community metrics and infrastructure for this. It's awesome." Link
Solomon Hykes: "Fun fact: "docker" was an internal project codename. I thought it was a silly name and that we should change it before launch. Thankfully we launched early by accident - too late to change. Later we renamed the whole company to Docker." Link
Joseph Jacks (JJ) 🇺🇦: "Open Core Platforms Needed! https://t.co/mLkeCqOdmC" Link
Eldad A. Fux: "Open source will become the DEFAULT way to write software." Link
💸 COSS Liquidity (M&A + IPOs)
COSS Community 🌏: "Congrats to @chaosnative on joining @harnessio 👏🏼 https://t.co/wslcMXJABv" Link
Joseph Jacks (JJ) 🇺🇦: "✨ Since 2015, >$100B in COSS value shifted to public equity, in tandem w/ >$400B created in private markets: @Kaltura @cloudera @Instructure @ProgressSW @rapid7 @jfrog @WANdisco @ForgeRock @couchbase @elastic @SUSE @theqtcompany @HashiCorp @confluentinc @fastly @gitlab @MongoDB https://t.co/G6bgCPen7E" Link
Julien Le Dem: "Exciting news! Today is the day we announce that Datakin joined forces with Astronomer. This is really exciting as it accelerates both companies' complementary visions. 👇🏻 https://t.co/86cIuS4j3q" Link
🛠️ COSS Jobs
- Dagster: "Do you enjoy using Dagster? Join us as a developer advocate! 🥳 ✨Develop product education materials ✨Represent Dagster in the developer community ✨Engage with users ✨Influence product direction on behalf of the community https://t.co/rCVsHbWgvR" Link
📊 $COSS - Public Markets
$COSS markets down 0.44% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
Latest comments (0)