Here's the seventy-fourth 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 $475.9M in funding announcements from Grafana Labs, Improbable, Data.world, Appwrite, Stackblitz, and RedwoodJS (via Tom-Preston Warner), as well as 3 huge acquisitions, and exciting content and momentum from across the COSS community.
Enjoy!
💰 COSS Funding: $475.9M
Grafana Labs, making tools for operational dashboards, announced their $240M Series D led by GIC. Link
Improbable, a metaverse technology company, announced their $150M funding round led by a16z. Link
Data.world, making an enterprise data catalog for the modern stack, announced their $50M Series C led by Goldman Sachs. Link
Appwrite, a backend-as-a-service platform, announced their $27M Series A led by Tiger Global. Link
Stackblitz, makers of a collaborative web development environment, announced their $7.9M Seed led by Greylock. Link
Tom-Preston Warner, of RedwoodJS, announces $1M fund to invest in RedwoodJS startups. Link
Joseph Jacks (JJ) 🇺🇦: "Congrats to @mojombo today on launching a new $1M seed fund dedicated to backing @redwoodjs-powered startups! I love this idea very much. It's totally brilliant. In fact, I'd go as far as encouraging EVERY well financed COSS founder and company to do something similar now! 🙌🏼✨" Link
📚 COSS Content
Joseph Jacks (JJ) 🇺🇦: "@Twitter is now worth more than @MongoDB. 😅" Link
Joseph Jacks (JJ) 🇺🇦: "Of the 27M+ devs in the world, only 3k~ (0.0001%~) have attempted to found their own COSS startups. Of those that did, they created $500B+ in public and private market cap, largely over the last decade alone. $166M of value per person! Web 2.5 has a lower barrier to entry. 🧐 https://t.co/Vaq4zlBTn1" Link
Joseph Jacks (JJ) 🇺🇦: "Solution: https://t.co/pbrZDWBKbJ 🙏🏼 by the talented Kailash Nadh of @zerodhaonline https://t.co/ZEVifgkUdE" Link
Tom Preston-Werner: "I'm super happy to announce that along with today's @RedwoodJS 1.0 release, I will be providing $1M of funding towards future development of the framework over the next year! 🌲💵🚀 Read more about it on my new blog post: https://t.co/lKqg4dHVVB https://t.co/ePvZD5MT9N" Link
Joseph Jacks (JJ) 🇺🇦: "Love to see it. 🤝✨🚀 @OpenBB_Finance 🦋📈💸 https://t.co/kBg9qvZgoO https://t.co/sDu8ShNZwT" Link
RedwoodJS: "Tomorrow's Startup Showcase event, will feature two great panels! 1. Investors panel with @ellenchisa, @josephjacks_, and @ericabrescia. 2. Founders panel with @orta, @aaronvanston, @vishakha041, and Rachel Vrabec. RSVP for some startupy knowledge! https://t.co/VtzaQwyler https://t.co/IZERqXa8V3" Link
Peer Richelsen 🗓🍊: "open source removes the risk of "what if this SaaS startup that I depend on shuts down or pivots in 6 months"" Link
@levelsio: "✨ Acquirers always ask for profit & loss statements and it's so tiring to make them, so I automated it with PHP! A live P&L statement for the last 365 days rolling and updated every second https://t.co/Up8nf9zOZ1 https://t.co/eK9R1k4MVY" Link
Open Source Startup Podcast🎙: "🎙️New Open Source Startup Podcast Episode🎙️ Ft. @devarispbrown & @ahamidi, Co-Founders of real-time & open-source data pipeline company @meroxadata Full episode👇 https://t.co/bNJHYZTWho" Link
Joseph Jacks (JJ) 🇺🇦: "Super exciting announcement from @OSSCapital dropping soon. 🔥🚀🦄" Link
Peer Richelsen 🗓🍊: "great to see the @calcom community has been growing consistently ~30% to 40% week-over-week @OrbitModel https://t.co/oFIjkehMcs" Link
Cassidy: "✨ HELLO ✨ I'm hyped to share that I'm joining @OSSCapital as a Portfolio Partner for Developer Experience! I am so excited to help open source startups improve their DX and grow! 🚀" Link
Joseph Jacks (JJ) 🇺🇦: "🔥🗞 NEWS: ✨ COSS AMAs ✨ have arrived --- a new series on @COSS_Community with leading open core builders and founders! Excited to welcome our first guest Jon Roes, VP Engineering @Streamlit, just acquired by @SnowflakeDB for $800M 💸 ❄️ 👇🏼👇🏼👇🏼👇🏼 https://t.co/6EIMTDr36d" Link
Transform Data: "It's a BIG day at Transform---Our metric framework is now OPEN SOURCE and available to all! 🎉 Meet MetricFlow, your new favorite tool for building & managing metric logic: https://t.co/r9wuAjo5Ax https://t.co/AIE2deOyhH" Link
Ben Halpern: "The https://t.co/y31TlDzmeC home feed is becoming vibrant. Good stuff @WasmBuilders --- I'm really proud that @forem is starting to power specialist communities we've never been able to effectively serve with https://t.co/lWepprFqmW https://t.co/GPcTgoftWW" Link
Mike Volpi 🇺🇦: "I'm kind of amazed at how many "hosted Clickhouse" companies are getting funded out there. I wonder what folks though we would do when we raised $250M for @ClickHouseDB......" Link
Syrus Akbary: "Wasmer is now the most popular #WebAssembly runtime in Rust, not just by @github stars but also by the number of recent crate downloads! (400k in the last 3 months!) 🎉 https://t.co/uMUb1y5BrT" Link
🦊 GitLab: "Today we're celebrating 17 years of Git! 🎉 How has Git changed your life? https://t.co/urNVDk1Q6U" Link
Open Source Startup Podcast🎙: "Open Source Startup Podcast... VIDEOS 🤯 ...coming soon 🙃" Link
Joseph Jacks (JJ) 🇺🇦: "Fan of what @davidmytton is building with @consoledotdev -- great podcast and blog for developer building startups and next generation tech. https://t.co/bP9CSX90Yb" Link
Joseph Jacks (JJ) 🇺🇦: "Tremendously valuable insights in our first ✨ COSS AMA ✨ with @streamlit's VP Engineering @jroes 🙌🏼 Thank you for sharing your wisdom Jon! ❤️ https://t.co/6EIMTDr36d" Link
Kent C. Dodds 💿: "Want to contribute to open source? 1. Go to https://t.co/3imeXBQpNd 2. Try to reproduce bugs in a PR: https://t.co/VJ0ggUv4AV 3. If you can't, say so, and we'll close it 4. If it's not a bug (feature request/question), say so and we'll transfer it to a discussion." Link
Open Source Startup Podcast🎙: "⚡️New Open Source Startup Podcast⚡️ @tnachen & @amanda_robs talk with @keydunov, CEO of @thecubejs🎙 Check it out👇https://t.co/9F1ez18pBD" Link
Singularity Data Inc.: "💥💥💥We are excited to announce the open-sourcing of #RisingWave, a cloud-native streaming database that uses SQL as the interactive interface, at @github today! 💥💥💥 #RisingWave #Database #StreamProcessing #CloudNative #opensource #opensourcecommunity #opensourcesoftware https://t.co/SGzPGwZzj2" Link
Remix 💿: "@reactjs @joe_puzzo @JustJenFelice @nextjs Not loving the "unseat" sentiment here 😇 For Remix to win, Next.js does not have to lose. Two projects, making different tradeoffs, when zoomed out is still collaborative. We don't have to paint on the same canvas to push the art forward together." Link
Cal.com: "something huge is coming. April 15. https://t.co/8m6Iw72z0E" Link
COSS Community 🌏: "@OssStartup https://t.co/awbgYa5a3U" Link
OpenBB 🦋: "Bring it on: 11,111! 🦋 https://t.co/qxAHTbIi9k" Link
Joseph Jacks (JJ) 🇺🇦: "Web 2 is SaaS. Web 2.5 is COSS. Web 3 is Crypto. Only open core can exploit all three models in parallel." Link
COSS Community 🌏: "@calcom https://t.co/AVi1qJ13BA" Link
COSS Community 🌏: "COSS is always in fashion. 🚀 https://t.co/Wu3kJwNg5M" Link
COSS Community 🌏: "s/devtools/COSS 🙃 https://t.co/hRQfQLmmWY https://t.co/qaGeeHjOh0" Link
swyx: "Highly impressed by the @RedwoodJS launch week: https://t.co/kwi1KTiepk I admit I initially wrote it off after hearing nothing about it for a year. With this launch, @mojombo, @thedavidprice and team have positioned Redwood as the preferred stack for new @Reactjs startups." Link
💸 COSS Liquidity (M&A + IPOs)
iText Software: "Today is a big day for us at #iText Software as we begin a new chapter in our journey! We are excited to announce that we are joining the @PDFTron Systems Inc. family. Want to know more? Read the press release: https://t.co/8v89GL3YO6 #PDFtechnology #digitaldocuments https://t.co/6Aa5PaXFds" Link
Airbyte: "🐙+🦘=❤️ Airbyte acquires Grouparoo to accelerate Data Movement https://t.co/S5fZ6FAEb5" Link
Instaclustr: "We are extremely proud to share that @NetApp has signed a definitive agreement to acquire Instaclustr! We are looking forward to the future ahead as part of the NetApp team! https://netapp.com/newsroom/press" Link
Joseph Jacks (JJ) 🇺🇦: "TWO COSS acquisitions today. https://t.co/WJLRsTJczt" Link
🛠️ COSS Jobs
allie_p: "I just posted a number of open 👩🏻💻 engineering roles (https://t.co/CyZ3xwcZkP) for @ThePracticalDev /@forem . Here's why they're interesting..." Link
Joseph Jacks (JJ) 🇺🇦: "Very exciting social media opportunity 🦋 👇🏼 https://t.co/tN5Royiyjp" Link
📊 $COSS - Public Markets
$COSS markets down 5.66% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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