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Funding for Firms That Leverage FOSS

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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

digiKam 7.7.0 is released

After three months of active maintenance and another bug triage, the digiKam team is proud to present version 7.7.0 of its open source digital photo manager. See below the list of most important features coming with this release. Read more

Dilution and Misuse of the "Linux" Brand

Samsung, Red Hat to Work on Linux Drivers for Future Tech

The 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. Read more

today's howtos

  • How to install go1.19beta on Ubuntu 22.04 – NextGenTips

    In this tutorial, we are going to explore how to install go on Ubuntu 22.04 Golang is an open-source programming language that is easy to learn and use. It is built-in concurrency and has a robust standard library. It is reliable, builds fast, and efficient software that scales fast. Its concurrency mechanisms make it easy to write programs that get the most out of multicore and networked machines, while its novel-type systems enable flexible and modular program constructions. Go compiles quickly to machine code and has the convenience of garbage collection and the power of run-time reflection. In this guide, we are going to learn how to install golang 1.19beta on Ubuntu 22.04. Go 1.19beta1 is not yet released. There is so much work in progress with all the documentation.

  • molecule test: failed to connect to bus in systemd container - openQA bites

    Ansible Molecule is a project to help you test your ansible roles. I’m using molecule for automatically testing the ansible roles of geekoops.

  • How To Install MongoDB on AlmaLinux 9 - idroot

    In this tutorial, we will show you how to install MongoDB on AlmaLinux 9. For those of you who didn’t know, MongoDB is a high-performance, highly scalable document-oriented NoSQL database. Unlike in SQL databases where data is stored in rows and columns inside tables, in MongoDB, data is structured in JSON-like format inside records which are referred to as documents. The open-source attribute of MongoDB as a database software makes it an ideal candidate for almost any database-related project. This article assumes you have at least basic knowledge of Linux, know how to use the shell, and most importantly, you host your site on your own VPS. The installation is quite simple and assumes you are running in the root account, if not you may need to add ‘sudo‘ to the commands to get root privileges. I will show you the step-by-step installation of the MongoDB NoSQL database on AlmaLinux 9. You can follow the same instructions for CentOS and Rocky Linux.

  • An introduction (and how-to) to Plugin Loader for the Steam Deck. - Invidious
  • Self-host a Ghost Blog With Traefik

    Ghost is a very popular open-source content management system. Started as an alternative to WordPress and it went on to become an alternative to Substack by focusing on membership and newsletter. The creators of Ghost offer managed Pro hosting but it may not fit everyone's budget. Alternatively, you can self-host it on your own cloud servers. On Linux handbook, we already have a guide on deploying Ghost with Docker in a reverse proxy setup. Instead of Ngnix reverse proxy, you can also use another software called Traefik with Docker. It is a popular open-source cloud-native application proxy, API Gateway, Edge-router, and more. I use Traefik to secure my websites using an SSL certificate obtained from Let's Encrypt. Once deployed, Traefik can automatically manage your certificates and their renewals. In this tutorial, I'll share the necessary steps for deploying a Ghost blog with Docker and Traefik.