Language Selection

English French German Italian Portuguese Spanish

Funding for Firms That Leverage FOSS

Filed under
OSS
  • Netdata, a monitoring startup with 50-year-old founder, announces $17M Series A

    Nearly everything about Netdata, makers of an open-source monitoring tool, defies standard thinking about startups. Consider that the founder is a polished, experienced 50-year-old executive who started his company several years ago when he became frustrated by what he was seeing in the monitoring tools space. Like any good founder, he decided to build his own, and today the company announced a $17 million Series A led by Bain Capital.

  • Sentry, a startup co-founded by a former Dropbox engineer that helps developers run more reliable code, just raised $40 million

    Cramer tells Business Insider that in Sentry's earliest days, not all investors understood why open source software was important.

  • P’unk Ave is spinning out open-source product Apostrophe into its own company

    After about a decade of work on an open-source project Apostrophe, South Philly web developer firm P’unk Avenue is spinning the product out as its own company.

  • Gatsby raises $15 million for website and web app development tools

    Gatsby builds upon two open source JavaScript projects for website and web app development. One is React, a library for designing UIs that’s maintained by Facebook and a community of developers, and the other is Webpack, a module bundler that transforms assets like HTML, CSS, and images. Gatsby generates sites as static files that prefetch resources to cut down on page load times, and it integrates with more than 120 backends and over 1,200 plugins across 15 of the top content management systems (CMSs).

  • Gatsby raises $15M Series A for its modern web development platform

    Gatsby also does away with a monolithic CMS system and instead brings together a variety of tools that still allow content creators to use platforms like WordPress or Drupal to create what’s essentially a headless CMS system. In that case, Gatsby simply becomes the presentation layer for the CMS.

    [...]

    Like similar open-source projects, Gatsby monetizes its tools by offering a hosted service that helps teams of developers stand up a new site quickly, with prices starting at $50/month for one site.

  • Docker, once worth over $1 billion, tells employees it's trying to raise cash amid 'significant challenges'

    Docker, a one-time highflier in business software that reached a $1 billion valuation in 2015, is struggling mightily these days as it tries to raise some much-needed capital.

    Rob Bearden, who was named CEO in May, wrote an email to employees this week thanking them for "persevering in spite of the lack of clarity we've had these past few weeks." In the note, which was viewed by CNBC, he told his staff that more cash is hopefully on the way.

    "As shared at the last All Hands, we have been engaging with investors to secure more financing to continue to execute on our strategy," wrote Bearden, who was previously CEO of Hortonworks before the company merged with rival Cloudera last year. "I wanted to share a quick update on where we stand. We are currently in active negotiations with two investors and are working through final terms. We should be able to provide you a more complete update within the next couple of weeks."

  • FOSSA: Open Source Management Company Raises $8.5 Million In Funding

    FOSSA — an open-source management company — announced it closed $8.5 million in Series A funding led by Bain Capital Ventures and Costanoa Ventures with participation from Norwest Venture Partners. Including this funding round, FOSSA has raised a total of $11 million. And the investment will be used to accelerate product development, expand enterprise features, and drive overall corporate growth.

    FOSSA focuses on automating the workflow of open source management both within and outside of the software development lifecycle (SDLC). And this enables enterprises to quickly identify and mitigate risks, improve engineering efficiency, and accelerate time to market.

  • Elastic’s Core Search Technology Powers Multiple Growth Levers

    With its roots in open source, Elastic created Elastic Stack as its monetization vehicle. Comprised of proprietary software products that address numerous use cases, Elastic Stack drove the company’s fiscal 2019 (ended April) revenue growth of 70%.

More in Tux Machines

Devices: Wi-Fi, Vecow, Arduino, Ghidra for Firmware Deciphering

  • Responding to Growing Demand, Edgewater Launches Wi-Fi Spectrum Slicing Development Kit

    Wi-Fi Spectrum Slicing offers breakthrough performance, slicing available spectrum, and exposing a new level of Wi-Fi spectrum granularity for developers to exploit. Edgewater’s groundbreaking MCSR™ silicon solutions and advanced Linux drivers allow the global Linux community to use the widely adopted Linux and OpenWrt software platforms to harness Edgewater’s technology and invent new and creative applications for the platform.

  • Rugged Kaby Lake vehicle PC does it all on the road or rail

    Vecow’s Linux-friendly “IVH-9024MX ICY” in-vehicle PC runs on a 7th or 6th Gen Core or Xeon CPUs and offers triple displays, 6x SATA bays, 4x PoE+ ports, 2x mini-PCIe, and EN50155: 2017 and EN45545-2 railway compliance. Vecow unveiled the rugged IVH-9024MX ICY back in June as an all-purpose in-vehicle and rolling-stock computer and this week announced certifications for EN50155 and EN45545-2 (fire protection) railway safety standards. This is the first 7th Gen Kaby Lake based fanless embedded system to receive these certifications, claims Vecow.

  • Get started with... Arduino?

    Yes, you read that title right, and no, you haven’t accidentally stumbled upon the Arduino Foundation’s website. Today, we’re pleased to announce a new addition to the Raspberry Pi Press family: Get Started with Arduino, a complete how-to guide to help you get hands on with the other pocket-sized board.

  • Exploring Zyxel GS1900 firmware with Ghidra

    Earlier this year the NSA released Ghidra, a reverse engineering suite with support for a large number of CPU/MCU instruction sets. While I have some experience with Hopper and radare2 I wanted to play with Ghidra to poke around the firmware for my Zyxel GS1900-8 switch which runs on a 32-bit MIPS CPU. All in all this has turned out to be an interesting exploration of both Ghidra and the GS1900-8-2.40(AAHH.2)C0.bix firmware image.

    Initially I wanted to write about poking around the firmware image and showing how one can use Ghidra to explore unknown binaries, but whilst looking around some libraries that are used by this switch I realised there is actually an interesting vulnerability to write about.

Linux Foundation and Openwashing

  • Linux Foundation Training Announces a Free Online Course-Introduction to Hyperledger Sovereign Identity Blockchain Solutions: Indy, Aries & Ursa

    The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced enrollment is now open for a new, free, course – Introduction to Hyperledger Sovereign Identity Blockchain Solutions: Indy, Aries & Ursa. This course is offered through edX, the trusted platform for learning. To the surprise of absolutely no one, trust is broken on the Internet. Any identity-related data available online can be subject to theft. Breach Level Index says that over 5,880,000 records are stolen every day. The 2019 MidYear QuickView Data Breach Report shows that reported breaches in the first half of 2019 were up 54% compared to midyear 2018 (over 4.1 billion records exposed), with web being the number one breach type for records exposed, and hacking being the number one breach type for incidents. Wherever you go online, the advice is the same–make sure you understand what is behind each button before you click it.

  • Is the future of farming under water?

    "[The] first thing we did was open source our model. In the new economy, we make things accessible to everybody. Anybody with 20 acres and a boat and $30,000 can start their farm and be up and growing the first year. Our farms require minimal capital costs and minimal skill. The potential of replication is tremendous: A network of small ocean farms about the size of Washington State could feed the world and, as bio-fuel, replace all the oil in the United States, while simultaneously capturing five times the amount of carbon as land-based plants," Smith predicts. The 3D ocean farming model consists of an underwater rope scaffolding system, anchors on the floor, and ropes up to the surface as well as horizontal ropes. Farmers grow their crops within this system, such as kelp ("the soy of the sea"). Mussels, scallops, and oysters are grown on the floor, and plants are grown in the mud. GreenWave is disseminating its model for restorative 3D ocean farms through open source manuals, farmer training programs, and an online collaboration platform to create a network of restorative ocean farming communities. Outside of ongoing replication along the waters of Long Island Sound, 3D ocean farmers anywhere in the world will be able to select appropriate native species to restore productive ecosystems along the coast, as reported by the Buckminster Fuller Insititute.

  • Seeds Or Code?

    I'd like to congratulate Microsoft on a truly excellent PR stunt, drawing attention to two important topics about which I've been writing for a long time, the cultural significance of open source software, and the need for digital preservation. Ashlee Vance provides the channel to publicize the stunt in Open Source Code Will Survive the Apocalypse in an Arctic Cave. In summary, near Longyearbyen on Spitzbergen is: [...]

  • What Is DeepMind? A Peek into the World’s Leading Neural Network

    Deep learning refers to an emerging area of machine learning that uses artificial neural networks to make decisions on our behalf as they are more reliable than human decisions. It consists of many interrelated fields including natural language processing (NLP), cognitive computing, recommender systems, board game programs, and image recognition. Ever since its takeover by Google, DeepMind has become the world’s foremost deep learning neural network. Let’s look at the story behind the AI engine, its ongoing applications and whether you should have concerns about privacy in the smart devices where it’s used.

Android Leftovers

Red Hat: CDC, CodeReady and EPEL

  • Red Hat advances Debezium CDC connectors for Apache Kafka support to Technical Preview

    After a couple of months in Developer Preview, the Debezium Apache Kafka connectors for change data capture (CDC) are now available as a Technical Preview as part of the Q4 release of Red Hat Integration. Technology Preview features provide early access to upcoming product innovations, enabling you to test functionality and provide feedback during the development process.

  • Red Hat CodeReady Workspaces 2 Brings New Tooling to Cloud-Native Development

    Red Hat, Inc., the world's leading provider of open source solutions, today announced the release of Red Hat CodeReady Workspaces 2, a cloud-native development workflow for developers. The new release of CodeReady Workspaces enables developers to create and build applications and services in an environment that mirrors that of production, all running on Red Hat OpenShift, the industry's most comprehensive enterprise Kubernetes platform.

  • What's EPEL, and how do I use it?

    RHEL ships with only a subset of packages that you'll find in Fedora Linux. This makes sense, because there's a lot of software in Fedora that isn't needed in an enterprise environment or falls outside the scope of RHEL. Red Hat maintains and supports the packages in RHEL far longer than the lifespan of a Fedora release, and we select the software we feel is necessary for our customers to be successful in deploying and using RHEL to run their workloads. But Fedora users sometimes find that they miss this or that application that's available in Fedora but not through RHEL. So, EPEL was formed. Extra Packages for Enterprise Linux (EPEL) is a special interest group (SIG) from the Fedora Project that provides a set of additional packages for RHEL (and CentOS, and others) from the Fedora sources. To get a package into EPEL, it has to be in Fedora first. EPEL follows the Fedora Packaging Guidelines to ensure successful integration, and only includes free and open source software that isn't patent encumbered. So you won't find any proprietary software in EPEL or things like multimedia codecs that are restricted by patents, even if software enabling them is under an open source license.