Here's the seventy-eighth 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).
Last week saw $416.1M in funding announcements from Teleport, Tailscale, Sentry, Prisma, LottieFiles, Graphite, Phylum, and Logseq, plus milestones for NocoDB, Appflowy, and Hoppscotch, and great COSS podcasts and content.
Enjoy!
💰 COSS Funding: $416.1M
- Teleport, building tools for infrastructure access, announced their $110M Series C led by Bessemer. Link
- Tailscale, making a zero-config VPN, announced their $100M Series B led by CRV. Link
- Sentry, building developer-first application monitoring, announced their $90M Series E led by Bond and Accel. Link
- Prisma, a NodeJS and TypeScript ORM, annoucned their $40M Series B led by Altimeter. Link
- LottieFiles, making a lightweight and scalable animation format, announced their $37M Series B led by Square Peg Capital. Link
- Graphite, making a code review dashboard, announced their $20M Series A led by a16z. Link
- Phylum, securing the software supply chain, announced their $15M Series A led by ClearSky. Link
- Logseq, a privacy-focused knowledge graph, announced their $4.1M Seed led by Patrick Collison. Link
📚 COSS Content
Niels Rogge: "The closest thing to 🦩 that's open-source and free is @Aleph__Alpha's MAGMA (by training adapter layers on a frozen GPT-J). @Gradio demo here: https://t.co/1twkPH8Wnx https://t.co/RjtpwdoQH0" Link
Joseph Jacks (JJ) 🇺🇦: "HUGE win for open source hardware generally (chips) and @risc_v specifically. Expressif manufacturers > 30 % of all WiFi / router chips globally. ⚡️ https://t.co/eqD1dkJ1yE" Link
Joseph Jacks (JJ) 🇺🇦: "This is a phenomenal story. Orders of magnitude lower cost vs. @Mailchimp at similar scale. https://t.co/ilASZjeH7C" Link
Wasmer: "The state of #WebAssembly in 2022 🔥 A great infographic by @katopz https://t.co/loG8yesl8J https://t.co/7Uqyn50Vat" Link
Joseph Jacks (JJ) 🇺🇦: "💥🚀 BIG congrats to @NocoDB for blasting thru 27,000+ stars & many millions of downloads! Transforming any database into a smart spreadsheet for non-technical users has truly awesome implications...unlocking database superpowers for all computer users. https://t.co/V40kvawC8e" Link
Andy Randall 🇺🇦: "My talk on the Business of Open Source: Oxymoron or Opportunity? is now posted. Thanks to @equinixmetal, @alexellisuk & @Penguin for being such great hosts! Like many hard things, the principles of building an OSS business are simple. The practice is hard. https://t.co/JpMXPJVQAA" Link
Andy Randall 🇺🇦: "My talk on the Business of Open Source: Oxymoron or Opportunity? is now posted. Thanks to @equinixmetal, @alexellisuk & @Penguin for being such great hosts! Like many hard things, the principles of building an OSS business are simple. The practice is hard. https://t.co/JpMXPJVQAA" Link
Peer Richelsen 🗓🍊: "best open source typeform alternative?" Link
Zan McQuade: "An all-star lineup for @OReillyMedia's Open Source Software Superstream tomorrow; tune in for brilliant insight from @nithyaruff @rrafols @DivaDanese @josephjacks_ @aevavoom @edwarnicke @elchefe & @decodebytes, hosted by @kelseyhightower Register here: https://t.co/qLh4LiBGr3" Link
Joseph Jacks (JJ) 🇺🇦: "Shoutout to @amanda_robs and @tnachen who are absolutely KILLING it with the continuous generation of COSS builders interview content @OssStartup 🙌🏼" Link
Eldad A. Fux: "We just did a massive step towards how we believe EVERY company should act. We're happy to announce our first ever $50,000 OSS Fund to support individual open source projects and maintainers. Tag maintainers that could use our support. 🔗 https://t.co/YgFDEy9H6V #opensource" Link
Ed Sim: "All OSS + PLG cos eventually need a top down sales org. ❓is when. Holding off as long as possible is 🔑 to drive efficient sales. However, hard to unlock 7 figure customer deals w/out building the top down expertise - finding balance on OSS/PLG will be different for each co" Link
Bucky Moore: "The MDS is step #1 toward a comprehensive data architecture that serves the full range of use cases (BI, operational analytics, ML, real-time). @RudderStack lays the foundation for this journey, and is quietly on a path to building a monster company. 🚀 https://t.co/47sTinsF8S" Link
Founders Talk: "🙌 New episode of Founders Talk! 🙌 💬 Making an open source Stripe for time ✨ with @peer_rich from @calcom ⚡️ hosted by @adamstac 🗂 tagged #startups #oss 💚 https://t.co/UdL0StdqBs" Link
Ars Technica: "Microsoft open-sourced the code for 1995's 3D Movie Maker because someone asked https://t.co/UKW8LBt53b by @AndrewWrites" Link
Dev Mukherjee: "Found @OSSCapital thanks to a post by @maddieprez This is very interesting as we believe many arenas of software should be completely in the public domain." Link
Nithya Ruff: "I like this discussion in that it is bringing this debate to a common ground. What both @josephjacks_ & @DivaDanese are saying is we want companies to succeed not by crippling #opensource or changing its definition, but do it by sustaining and contributing to opensource. https://t.co/TtilIkFle7" Link
Buoyant: "Today we're happy to announce the next evolution in service mesh operation: Linkerd as a Service. 🎈 Announcing Fully Managed @Linkerd with Buoyant Cloud. Any cluster, any cloud. https://t.co/cBMbU4WwXF" Link
AppFlowy: "v0.0.4-beta.3 is out. Downloadable packages for macOS, Windows, and Linux. https://t.co/2Xqq85WiYn Improved Table-view Database (alpha). New: 📄 Row record open as a page 🔢 Support more number formats & more 🆘Help us test the Grid and provide feedback https://t.co/T4iOKcecVk https://t.co/x1OD98azmn" Link
James Q Quick: "This is a phenomenal write-up from the @remix_run team on comparing Remix and Next.js. I had loads of questions that were answered in-depth here. Really incredible how they've taken such a different approach to building an amazing new platform! https://t.co/UFDY9bjUgK" Link
Joseph Jacks (JJ) 🇺🇦: "As we know, Elon is speeding this up quite a bit... https://t.co/i7f13x53dU" Link
Open Source Startup Podcast🎙: "New Open Source Startup Podcast: @EvidentlyAI ⚡️ @amanda_robs & @tnachen talk with Evidently AI CEO @elenasamuylova 🎙 The company provides open source tools to evaluate 📊, test 🚦, and monitor 📈 ML models Check out the full episode 👇 https://t.co/aG5mGOB8OW" Link
Open Source Startup Podcast🎙: "🎙️New Open Source Startup Podcast Release🎙️ Ft. @nicolass_hrd 👉 CEO of @QuestDb Check it out 👇 https://t.co/Qlnpze68uN" Link
PingCAP: "📣@OSSInsight helps you quickly compare different GitHub projects and gain the most up-to-date #OpenSource intelligence from 4.6 billion @github events.🤯 Give our platform a try and let us know what you think. Have fun! https://t.co/CMm08x2gyt #GitHub" Link
COSS Community 🌏: "@seobrien https://t.co/o3m4AR27Id" Link
Liyas Thomas: "Excited to launch the all-new Hoppscotch CLI 🤖 ☑️ Command-line collection runner for @hoppscotch_io ☑️ Build CI/CD pipelines to continuously test and monitor APIs ⚡ ☑️ Extensible and open source ❤️ https://t.co/7r5lB3tIXf" Link
EMMJAY: "It's kind of incredible to me how quickly @remix_run has grown beyond my ability to track everything. There are literally hundreds of contributors, conversations, extensions, and vendors we are working with. The web is a vast place! I'm grateful for an amazing community!" Link
💸 COSS Liquidity (M&A + IPOs)
- Joseph Jacks (JJ) 🇺🇦: "By my math, > $50B in COSS equity value has been captured by teams who developed open source projects that were subsidized&scaled by their tech employers.💥 Here's an idea for the @LinkedIn's, @Shopify's, @Uber's and @Meta's of the world to get in on this more systematically:" Link
🛠️ COSS Jobs
- Joseph Jacks (JJ) 🇺🇦: "Great show with the talented @AmitTaylor, creator of @trueupinc --- tracking thousands of COSS job openings globally + a lot more! https://t.co/cyjslN9kxk" Link
📊 $COSS - Public Markets
$COSS markets down 5.12% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.
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