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Grouparoo snares $3M seed to build open source customer data integration framework

TechCrunch

Creating a great customer experience requires a lot of data from a variety of sources, and pulling that disparate data together has captured the attention of companies and big and small from Salesforce and Adobe to Segment and Klaviyo. For now the company is taking an open source approach to build a community around the tool.

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Salto raises $27M to let you configure your SaaS platforms with code

TechCrunch

Salto , a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. Salto makes the core of its service available as open source. ” Image Credits: Salto.

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How startups can shake up their first idea and still crush the market

TechCrunch

Box launched in 2005 as a consumer storage product before deciding to take on content management in the enterprise in 2008. They were actually considering simply packing it in, but they had developed a tiny open-source tool called analytics.js, which they used to get data into their failed analytics product.

Marketing 285
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You Must Comply! Why You Need Proactive Open-Source License Compliance

Prisma Clud

As vulnerabilities in open-source code continue to play a prominent role in headline-grabbing exploits, such as Heartbleed and Log4Shell, a hidden source of open-source risk flies under the radar — license noncompliance. The sources of vulnerabilities are deeper than surface level and are impacted by environments.

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Camunda snares $98M Series B as process automation continues to flourish

TechCrunch

Perhaps that explains why Camunda , a Berlin startup that makes open source process automation software, announced an €82 million Series B today. Its history actually dates back to 2008 as a business process management (BPM) consulting firm. That translates into approximately $98 million U.S. Camunda is not your typical startup.

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The half-life of code & the ship of Theseus

Erik Bernhardsson

Let’s look at a broader range of (somewhat randomly selected) open source projects: It looks like Git is somewhat of an outlier here. The aggregate model doesn’t necessarily have super strong predictive power – it’s hard to point to a arbitrary open source project and expect half of it to be gone 3.33 years later.

Linux 241
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Open Source Business Model

SoCal CTO

However, there are lots of companies that are making money from open source and freemium models. A friend of mine has a company that builds open source applications in spaces that are a bit less innovative than Elgg, but they do very well financially through the packaging and support models.