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Joseph (JJ) Jacks for COSS Community

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COSS Weekly #97

Here's the ninety-seventh issue of COSS Weekly, the global commercial open source (COSS) company category newsletter, brought to you every weekend 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 $52.6M+ in funding for Tidelift, NebulaGraph, Arpeggi Labs, and Centricity, the Ethereum PoS Merge, and a #1 launch for 2.0 on Product Hunt!  Also, look out for an AMA this Friday Sep 23rd with Nithya A. Ruff, Head of Amazon's Open Source Program Office, only on COSS Community!


COSS Funding: $52.6M+

  • Tidelift, securing the software supply chain, announced their $33.5M Series C led by AEI HorizonX and Cisco. Link
  • NebulaGraph, a distributed graph database, announced tens of millions in Series A funding led by Jeneration Capital. Link
  • Arpeggi Labs, a web3 music platform, announced their $5.1M Seed led by a16z. Link
  • Centricity, an Indian wealth management platform, announced their $4M Pre-Seed led by the Burman family office. Link

📚 COSS Content

  • Emad: "This is very correct. Attention-based models and other new architectures are about to go mainstream faster than Pokémon Go. @StabilityAI and a few others are the picks and shovels of one of the biggest and fastest value shifts we will ever see. Lots more to come...

  • Matt Huang: "It's going to be a big week.

  • Emad: "Open source means we make the plans available so anyone can build the house and improve on them. Actually building a good house is valuable and a service people pay for." Link

  • JJ 🇺🇦: "Woah. That's very big news...

  • Larry Augustin: "Sam Ramji delves into the world of Open Source, Open Data, and AI Native applications in an article on inspired by our discussion on his podcast. @sramji #ainative

  • JJ 🇺🇦: "Big congrats to @TauriApps for joining the 50K ✨ club. 👀

  • W4 Games: "We're happy to announce that @W4Games has raised US$ 8.5M as seed funding to accelerate the development of products and services for #GodotEngine users! The round was led by @OSSCapital and @Lux_Capital, and was joined by @CaretakerBob and @SisuVentures

  • JJ 🇺🇦: "Good company. 👽🤖 // @StableDiffusion @hoppscotch_io

  • JJ 🇺🇦: "When you know, you know. 🤝 // @GodotEngine @reduzio Community comment on the launch of @W4Games

  • JJ 🇺🇦: "New post where I write about many common misconceptions and contradictions of COSS companies:

  • JJ 🇺🇦: "COSS emerging in Israel 🇮🇱 (then scaling globally) is a rising trend. I completely failed to invest in any of these (saw most pre-incorporation / pre-seed): @appwrite @amplication @novuhq @lakeFS @dragonflydbio @bitdev_ @xscode1 @envZero @salto_io @permit_io @cloudqueryio +++ 👏🏼" Link

  • Andrew Prifer: "I've been promising people a #threejs editor with animation support for more than a year. This is it! 🎉 We are releasing this week. Has all the features my old react-three-editable library had, and much, much more. I'm incredibly excited. #animation #webdev

  • Open Source Startup Podcast🎙: "⚡️MAJOR Open Source Startup Podcast Release⚡️ 🥂🥳✨EPISODE 50✨🥳🥂 && it's with the incredible @armon of @HashiCorp Check it out👇👇

  • JJ 🇺🇦: ""If you care about the reality of goodness instead of the perception of it, philanthropy is extremely difficult... SpaceX, Tesla, Neuralink, Boring Company are philanthropy." - ⁦@elonmusk⁩ 🎯♥️🌏 Similarly, I also believe all COSS companies are a form of philanthropy. ✨

  • JJ 🇺🇦: "Later today, the @Ethereum PoS Merge will be the most significant event in the history of open source since the rise of Linux. Remarkably, this will also be the first time a decentralized P2P network affecting millions of humans + $100s of B in value will be upgraded, live." Link

  • JJ 🇺🇦: "🎯🎯🎯🎯🎯 "Open source is a marshmallow test for adults...In one year you'll be one year older. Won't you wish you'd invested in yourself, org, and real community instead of trusting all your data and tech to a single proprietary software vendor?" 🎯🎯🎯🎯🎯" Link

  • AppFlowy: "🥳 v0.0.5 is out - ✨Kanban Board like Notion and Trello (beta) is included in this release✨ 🎯 Boards are the best way to manage projects & tasks. Use them to group your databases by select, multi-select, and checkbox. 🔗 Download ->

  • OpenBB 🦋: ""The day I put Gamestonk Terminal (now #OpenBB Terminal) live on GitHub, is a day that I will never forget." Sharing this journey with you has been truly grateful, thank you everyone.🦋" Link

  • Guillermo Rauch: "Congrats on 2.0!

  • JJ 🇺🇦: "Excited to welcome @nithyaruff to @COSS_Community for an AMA!

  • JJ 🇺🇦: "Congrats to @calcom on hitting #1 product of day with their 2.0 launch 🚀 👏🏼🙇🏻‍♂️

  • Peer Richelsen 🗓🍊: "I think i'll write a blog post about "AppFra" app-first infrastructure -- essentially startups that build a consumer-facing app (like @calcom) but the business model is then selling the underlying infrastructure to enterprise" Link

  • Max.Liu: "It's pretty cool, huh?

  • The Information: "Exclusive: The CEO of artificial intelligence startup Lucidworks is stepping down from that role following layoffs that cut 10% of its staff.

  • JJ 🇺🇦: ".@spacedriveapp has collected 14K stars in just few months and hasn't even launched. Signup for the waitlist! The world is demanding platform-neutral empowerment over our most personal and critical asset: our data." Link

💸 COSS Liquidity (M&A + IPOs)

  • JJ 🇺🇦: "It is catastrophically revealing of vulnerability that Adobe paid >10% of their market cap to buy Figma. 🤣 Open source transformation is coming to the creative/design software category faster than ever now... @StableDiffusion @theatre_js @penpotapp @tldraw @godotengine 👀 ✨" Link

  • Pablo Ruiz-Múzquiz: "OK, so I know that Figma's acquisition by Adobe is making people feel KO in so many ways, but at\
    @penpotapp we're experiencing quite a reverse effect. And we're not seeing any signs of plateauing at all! Check spike in SaaS signups and platform activity (create_file event) 🤯🤯🤯" Link

🛠️ COSS Jobs

  • 7,108 jobs and 241 companies hiring! Link
  • Juan Linietsky: "Today @W4Games has opened some positions. The company is looking for more developers to work on console ports. If you have some experience in consoles (if not, operating-system level APIs is still good) and/or experience with Godot, feel free to apply!
  • Forem: "We're hiring! #TechIsHiring The Forem team is currently seeking... -Sr. Full Stack Engineer (#JavaScript, #Preact, #RubyOnRails) -Lead Full Stack Engineer (#JavaScript, #Preact, #RubyOnRails) -Sr. Project Manager + Team Lead (#Community) Check out this thread for more info 🧵" Link

📊 $COSS - Public Markets

  • $COSS markets down 7.56% last week

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

Koyfin market data

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