Here's the eighty-ninth 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 $27.5M in funding announcements from Zededa, DGraph, and Umami, project updates from Hoppscotch, OpenBB, and Cal.com, and an AMA this Wednesday, July 27th, with COSS leader Heather Meeker on COSS.community!
- Zededa, building edge orchestration and virtualization software, announced their $26M Series B led by Coast Range Capital. Link
- DGraph, the Graph QL database platform, announced their $6M Seed led by Venrock. Link
- Umami, a privacy-focused alternative to Google Analytics, announced their $1.5M Pre-Seed. Link
Joseph Jacks (JJ) 🇺🇦: "Plotting this data, I just realized that open source follows an extremely sharp Pareto (aka power law) distribution: 99% of the most successful open source tech is concentrated in the top 1% of projects! Wow. https://t.co/gOWUIjBtD2" Link
Open Source Startup Podcast🎙: "⚡️E43 of the Open Source Startup Podcast⚡️ This convo is between co-hosts @amanda_robs // @tnachen & @supabase CEO @kiwicopple💪 Supabase is the open source alternative to @Firebase & positioning as an open source alternative is a major theme in this ep👇https://t.co/vwG5NGSvaC" Link
Joseph Jacks (JJ) 🇺🇦: "✨ We're thrilled to welcome the awesome Brittany Cadwalader (formerly of @SVB_Financial and @Deloitte) to the team @OSSCapital as our founding VP of Finance & Compliance! ✨ Please join me in congratulating Brittany --- very exciting times all around. 👏🏼 https://t.co/zOIauH3v25" Link
PyQuant News: "A Bloomberg Terminal costs $24,000 per year. It's the portal to all the world's financial data. Unaffordable for 99% of us. Reserved for the Wall Street elite to outfox the normal investor. Until now:" Link
Manish R Jain | mrjn.eth: "Open Source funding model -- giving it away for free, does not allow its creators to fund the effort and is inherently unsustainable and broken. I'm excited to launch Sustainable License, a very liberal commercial license balancing freedom with funding. https://t.co/3GHGfwkRNu" Link
Joseph Jacks (JJ) 🇺🇦: "When open source innovation enters + succeeds in any established proprietary market, it fundamentally changes the consumption paradigm --- similar to how the TAM and market dynamics were vastly underestimated by Uber in its inception when evaluating the then-static taxi industry." Link
OpenBB 🦋: "Breaking 1000 followers on Twitter ✅ Breaking 100 contributors on GitHub ✅ Breaking 13k stars on GitHub ✅ Associate Partnership with London Stadium ✅ And day is not over yet.... Our spider senses are tingling... 👀 https://t.co/gVHmCq5x3b" Link
Open Source Startup Podcast🎙: "⚡️New Open Source Startup Podcast⚡️ @amanda_robs & @tnachen talk with @omrig, Co-Founder of @aserto_com 👉 the open source Auth-as-a-Service platform based on @OpenPolicyAgent Check it out 👇https://t.co/rmmMmMDd4s" Link
Hoppscotch: "Join us for IndiaFOSS 2.0 with a live talk of @andrewissocial! 👩🏻💻👨🏻💻👋 Agenda: 👉 Inception of Hoppscotch 👉 Our philosophies & guiding principles 👉 Collaborative API development 👉 2023 roadmap Sun, 24 Jul, 15:30 -15:45 GMT+5:30 @FOSSUnited https://t.co/3kGGffj4uv" Link
Mårten Mickos: "The world's first open-source war. The defenders are empowered, distributed, open and agile. The aggressor is authoritarian, centralized, closed and rigid. https://t.co/dShaGIJsL6" Link
Joseph Jacks (JJ) 🇺🇦: ".@OSSCapital GP @HeatherMeeker4 will be doing an AMA on July 27th next week, mark your calendars 🗓 ✨ Heather is the worlds foremost COSS startup attorney & open source licensing expert. This is a unique opportunity to exchange with an incredible human! https://t.co/iNQBy9iVi2" Link
No COSS Liquidity announcements this week.
- 8,347 jobs and 235 companies hiring! Link
$COSS markets up 7.33% last week
Latest $COSS markets snapshot below as of market close last Friday courtesy of Koyfin.