Here's the one-hundred eighty-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 $99M in funding announcements from Sentient and Tembo, major strides from Plane, analysis on the state of cloud, and more!
Enjoy!
💰 COSS Funding: $99M
- Sentient, an open-source AI research organization, announced their $85M led by Peter Thiel's Founder's Fund. Link
- Tembo, an app for deploying Postgres infrastructure stacks, announced their $14M Series A led by GreatPoint Ventures and Venrock. Link
📚 COSS Content
JJ: "Thousands of Jira, Linear, Asana, and ClickUp customers have switched to @planepowers ..." Link
Plane: "Look familiar? Have you tried this new thing called Plane? No? We can help. app.plane.so/sign-up" Link
Alex Atallah: "The number of API breakages in the LLM space is wild. We have a monitor in @OpenRouterAI that tracks API changes across a two dozen companies, and it goes off several times per week:" Link
samim: "Today, our 4-year-old made this painting for me. It brought more joy to my heart than any of the billions of AI-generated images. It reminded me that the act of creation and the role of the creator are far more important than the artifacts themselves." Link
Plane: "These are words. Agreeing with a shameless plug, we are still the #1 project management software on GitHub, we are really open source, and as quite some of our users say, we are really powerful. What more do you need to try us out? :-)" Link
JJ: "I'm an investor based in the Bay Area and often referred to as "part of Silicon Valley". My top founders are (physically) based in Spain, Peru, Toronto, India, Germany and New York. We are blind to geo. Just try to invest in the best founder that aligned with our values." Link
Plane: "Draft your next PRD, write a song, plan your day, jot down ideas for later---do it all together with your team. Coming to you super-soon." Link
Jason SaaStr.AI Sept 10-12 Lemkin: "When 30%+ of the web already runs on your platform -- where do you go from there? I did a deep dive with @photomatt founder CEO @automattic and @WordPress on the Future of Automattic, E-commerce, Blogging, Co-Opetition and Much More!" Link
💸 COSS Liquidity (M&A + IPOs)
- Jason SaaStr.AI Sept 10-12 Lemkin: "Last 3 years in SaaS and Cloud: - 44.2% for SaaS + Cloud Leaders (EMCLOUD) + 23.5% for Nasdaq A rough 3-year stretch" Link
🛠️ COSS Jobs
- 4,807 jobs and 314 companies hiring! Link
📊 $COSS - Public Markets
$COSS markets up 0.30% last week
Latest $COSS markets as of last Friday at market close, courtesy of Koyfin
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