OSS Funding: Ripple/Towo Lab and Strapi
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Ripple invests in Swedish open source start-up Towo Labs
Towo Labs, a Swedish startup aimed at simplifying ‘crypto self-custody’, has announced an investment from Xpring, Ripple’s developer initiative.
Xpring is described as an initiative by Ripple that will invest in, incubate, acquire and provide grants to companies and projects run by entrepreneurs.
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All open source code contributions will be subject to the normal code and security reviews of the involved repository maintainers.
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French open-source CMS startup Strapi raises $4 million in seed funding
Strapi, a Paris, France-based open-source CMS, raises $4M in seed funding to deliver on its vision of making content accessible to any platform while offering the only fully open-source, JavaScript-based, community-powered and 100% customizable Headless CMS which is entirely free for developers.The round was led by Accel and Stride.vc. Notable angel investors and open-source experts, Solomon Hykes (Founder of Docker), Guillermo Rauch (Founder of Cloudup, Socket.io, Next.js and Zeit.co) and Eli Collins (Ex-CTO at Cloudera), also participated in this round.
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Headless CMS company Strapi raises $4 million
Strapi has become quite popular in the headless CMS space, with 500,000 downloads and 250 contributors to the open-source project. The first version was released on GitHub in 2015.
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