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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #83

Here's the eighty-third 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 πŸ˜‹ news from the previous week in COSS across: Funding, Content, Jobs, Liquidity and $COSS (Public Markets).

Last week saw $192.2M in funding announcements from Odoo, Arduino, Stellate, Meltano, and Tigris Data, as well as big news from OpenBB, Supabase, @jack, and more!

Enjoy!


πŸ’° COSS Funding: $194.7

  • Odoo, the business software suite for SMBs, announced their €112M investment led by Summit Partners at €3.2B valuation. Link
  • Arduino, building the Arduino hardware and ecosystem, announced their $32M Series B led by Robert Bosch Venture Capital. Link
  • Stellate, building a GraphQL API, announced their $5M Seed led by boldstart ventures and their $25M Series A led by Tiger Global. Link
  • Meltano, making DataOps platform infrastructure, announced their $12.4M Seed led by Venrock. Link
  • Zitadel, building developer-first identity management, announced their $2.5M Seed led by Nexus Venture Partners. Link
  • Tigris Data, building a zero ops backend for web and mobile apps, announced their Seed round led by Basis Set. Link
  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "BIG congrats to my friend @fpodoo and team @Odoo (leading COSS business apps platform) on their €3.2B valuation and increased partnership with @SummitPartners πŸ—»πŸš€βœ¨ https://t.co/FAt2ZycSb8" Link

πŸ“š COSS Content

  • KΞVIN XU (kevinxu.eth): "Starting a new weekly thread of GitHub repos that reached 50 contributors in the previous week w/ at least 1000⭐️ Doing this to keep track of new, emerging open source projects that found both early community traction (contributors) and social proof (stars) πŸ‘‡πŸ‘‡πŸ‘‡" Link

  • Paul Copplestone: "Listen to @cassidoo discuss @supabase in the latest @StackOverflow podcast "It feels like open source truly is the future" πŸ”₯ Also featuring a shoutout to @calcom (cc @peer_rich) https://t.co/XW8DHZTSrN" Link

  • didierlopes πŸ¦‹: "@openbb_finance being used by a Quant 😎 https://t.co/uK0xkryQYz" Link

  • Ry Walker: "What commercial open source companies am I missing? https://t.co/RQ2vuQIg8P" Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "Integrate SAML support in your app in just a few lines of code! SAML support is a huge enterprise customer requirement. This project can save weeks of engineering effort for SaaS founders everywhere πŸ”₯ Courtesy of the fine folks ⁦@boxyhq⁩ πŸ™‡πŸ»β€β™‚οΈ https://t.co/2qaalkGDVn" Link

  • GitHub: "Rust is the fastest growing language on GitHub, and GitHub's supply chain security features now help keep your Rust projects secure πŸ”’ https://t.co/c1TPjt9O2C" Link

  • Umbrel β˜‚οΈ: "1/ Introducing Umbrel 0.5 --- A beautiful personal server OS for self-hosting. A whole new look. Realtime app updates. App permissions, dependencies, and authentication. Official Bitcoin & Lightning node apps. Oh, and dark mode. This is Umbrel 0.5. The biggest update to Umbrel. https://t.co/oG4cBSHTe0" Link

  • Wasmer: "Wasmer 2.3 - what a treat! ⚑️ Super fast stack switching with corosensei πŸ—œ Singlepass backtracing πŸ†• Cranelift upgrade 🀯 ...and Wasmer compiled to Wasm/WASI - WHAT! Check out our latest blog post for more details #WebAssembly https://t.co/DMbXOjwvmW" Link

  • AppFlowy: "v0.0.4 is out πŸ‘‰ https://t.co/WCtNsdUR9Z πŸ†• Table-view Database (beta) - use it to : βœ…manage simple tasks, 🐞track bugs, πŸ’°create an investor / sales database, and so much more to explore ▢️ Join https://t.co/dNeWgyuGJZ to share https://t.co/simU6EM9RC" Link

  • Heather Meeker: "Tech war: Chinese database software vendor shrugs off sanctions risk on using open-source code from Oracle's MySQL system https://t.co/kzT3VUqZBz via @YahooNews" Link

  • Liyas Thomas: ".@hoppscotch_io is nominated for the "Breakthrough of the Year" award by @thejsnation πŸ’œ https://t.co/EZp4AMFchy" Link

  • Open Source Startup PodcastπŸŽ™: "πŸŽ™οΈNew Open Source Startup PodcastπŸŽ™οΈ Ft. @bobvanluijt, Co-Founder & CEO of @SeMI_tech and the open-source vector search engine @weaviate_io Learn about their AI-first approach to database management πŸ‘‡ https://t.co/aak9FsZb9A" Link

  • Tacaly: "We are using @rustdesk for remote control and management. We even have a self-host server so we can comply with Danish law enforcement. #remotecontrol #remotework https://t.co/Tqoq0usn9S" Link

  • Sam Ramji πŸ‡ΊπŸ‡¦: "Data Contribution, Open Source, and AI-Native: how we need to change our philosophy and practices of data sharing to create the next generation of intelligent apps. Catch @lmaugustin as he brings the future of open source data into focus. #OpenSourceData https://t.co/ZIcAqIWjBD https://t.co/6u1shGi8Tg" Link

  • GitHub: "Alleviate the pain of Identity and Access Management (IAM). We're introducing Entitlements, our open source solution built on GitHub. Get started today! https://t.co/0gPs2jFJzt" Link

  • Peer Richelsen πŸ—“πŸŠ: "Bookings per Week on @calcom have 5x'ed since beginning of the year πŸ’ https://t.co/moetYjKRMQ https://t.co/WyuUTkr9k7" Link

  • Julia Schottenstein: "@swyx Hard to define the correlation exactly. Stars are somewhat correlated to "success" of the project but "success" of a project doesn't always mean "success" of a business" Link

  • Naveen Rao: "This work is available open-source at https://t.co/FPw78cBjUm Please give a ⭐️ if you like what you see!" Link

  • Sid Sijbrandij: "@j_schottenstein Contributions > Stars" Link

  • Forem: "Cheers to @tidelift who recently launched their new #forem community 🌱 Tidelift is dedicated to making OSS better for all --- a crucial part of that is fostering communication w/ maintainers & contributors. This will be the space to see that in action. https://t.co/7SyU6xxOCr" Link

  • Paul Copplestone: "Very pleased to announce that @supabase is sponsoring the research and development of a type system powered for @elixirlang. https://t.co/Sd2R0Xei58" Link

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: "One of the top universities in Japan is democratizing investment research for their MBAs with @OpenBB_Finance! The future is already here, and it is getting evenly distributed really fast... βœ¨πŸ‡―πŸ‡΅ https://t.co/0qt7etSB93" Link

  • jack: "this will likely be our most important contribution to the internet. proud of the team. #web5 (RIP web3 VCs 🀫) https://t.co/vYlVqDyGE3 https://t.co/eP2cAoaRTH" Link

  • Carl Tashian: "New post on the smallstep blog 'If OpenSSL were a GUI' 🀑 cc @bfirsh @AanandPrasad @evpari @markhurrell https://t.co/pYuNIzW0dg" Link

  • JS Party πŸŽ‰: "πŸ’° @jerodsanto @nicknisi & @swyx discuss the implications of VC-funded JavaScript projects: https://t.co/xvyXqa9q1n What do you think this changes, if anything?" Link


πŸ’Έ COSS Liquidity (M&A + IPOs)

  • Joseph Jacks (JJ) πŸ‡ΊπŸ‡¦: ".@GitLab sporting nearly 90% gross margins and tracking towards $400M + annual revenue. Still largely on-prem subscriptions powered by their buyer based open core model πŸ”₯ https://t.co/668i33j0LR" Link

πŸ› οΈ COSS Jobs


πŸ“Š $COSS - Public Markets

  • $COSS markets down 3.81% last week

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

Koyfin market data

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