Funding for Open 'Core' Companies
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Crate.io Releases Commercial Machine Data Platform
Crate.io on Tuesday introduced a commercial Machine Data Platform, along with a new version of its open source SQL database for the Internet of Things and machine data. The company also announced an US$11 M Series A funding round.
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Nginx, the open source project behind Netflix, Starbucks and Mcdonalds, picks up $43m in funding from Goldman Sachs
More than 30 per cent of the Fortune 50 have adopted Nginx's technology to date, fuelling the rise of digital transformation as enterprises rush to keep speed in line with innovation. The platform hopes to use the funding to accelerate adoption of microservices - a modern approach to app development - by enterprises all over the world.
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Telstra-backed NGINX secures $43 million in latest capital raising
Telstra-backed open source software developer NGINX has raised $43 million in a Series C funding led by Goldman Sachs Growth Equity (GS Growth), a platform within Goldman Sachs’ Merchant Banking Division.
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Dilution and Misuse of the "Linux" Brand
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Samsung, Red Hat to Work on Linux Drivers for Future TechThe metaverse is expected to uproot system design as we know it, and Samsung is one of many hardware vendors re-imagining data center infrastructure in preparation for a parallel 3D world. Samsung is working on new memory technologies that provide faster bandwidth inside hardware for data to travel between CPUs, storage and other computing resources. The company also announced it was partnering with Red Hat to ensure these technologies have Linux compatibility. |
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More on Nginx
Goldman Sachs Leads $43M Funding for Website Platform NGINX
Nginx lands $43 million Series C to fuel expansion