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Zilliz raises $43 million as investors rush to China’s open source software

TechCrunch

For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds open source software for processing unstructured data, recently closed a Series B round of $43 million.

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SAP publishes open source manifesto

CIO

It’s an open secret that even proprietary software contains open source components these days, and major vendors are, to varying extents, supporting or participating in open source projects. SAP’s manifesto is in reaction to the fact that all is not always sunshine and roses in the open source world.

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Oligo raises $28M to secure open-source libraries at runtime

TechCrunch

Oligo Security , a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open-source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding. This, ideally, cuts down on unnecessary alerts.

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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

A new company from the creators of the Godot game engine is setting out to grab a piece of the $200 billion global video game market — and to do so, it’s taking a cue from commercial open source software giant Red Hat. ” The open source factor. . ” The open source factor.

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Together raises $20M to build open source generative AI models

TechCrunch

“Together is spearheading AI’s ‘Linux moment’ by providing an open ecosystem across compute and best in class foundation models,” Lux Capital’s Brandon Reeves told TechCrunch via email. Google Cloud, AWS, Azure). Google Cloud, AWS, Azure).

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Consortium Driving OpenStack to Become Arm of The Linux Foundation

DevOps.com

The Open Infrastructure Foundation (OpenInfra), which oversees the development of the open source OpenStack cloud computing framework, this week agreed to become an arm of The Linux Foundation as part of an effort to foster more collaboration with maintainers of projects such as Kubernetes and the Linux operating system.

Linux 81
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Upbound nabs $60M to grow its open source Crossplane multi-cloud management project

TechCrunch

As a result, they are hedging their bets with a multi-cloud strategy, but this creates a new problem around finding a single tool for managing it all. That’s where Upbound comes in with its open source Crossplane multi-cloud management tool. This has never happened before.