article thumbnail

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.

article thumbnail

Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

Steve Jurvetson, the veteran investor and cofounder of Future Ventures, says to “think of face-detection algorithms running locally within security cameras or appliances, or Siri-like voice interfaces working instantly, even when there’s no network connectivity.” Kandasamy insists that all fall short in some way.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SonarSource raises $412M to scan codebases for bugs and vulnerabilities

TechCrunch

Gaudin has a financial industry background, having worked at JP Morgan as a developer and Deutsche Bank as a software team leader before cofounding SonarSource. Freddy Mallet, SonarSource’s second cofounder, was a project architect at E-Trade and CTO at agtech startup Hortis.

article thumbnail

Fleet nabs $20M to enable enterprises to manage their devices

TechCrunch

Open source origins. Fleet arose from an open source project called Osquery that was created by CTO Zach Wasserman together with Moonfire Ventures partner Mike Arpaia. Arpaia previously led software development teams at Etsy prior to joining Meta and helping Wasserman cofound Kolide. billion by 2026.

article thumbnail

Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

The new capital values the company at more than $450 million post-money, and CEO Jyoti Bansal — who’s also the cofounder of BIG Labs and Unusual Ventures — says that it’ll be put toward product development, recruitment, and customer acquisition. billion) and Harness (which recently raised a $230 million Series D).

article thumbnail

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.

article thumbnail

Enso emerges from stealth to help enterprises make sense of their data

TechCrunch

The cofounders of Enso , they’ve authored film visual effects tools that help to simulate particles — a data-intensive process. Together, Danilo and Brodacka created Enso’s first product: the eponymous open source project Enso. Wojciech Danilo and Sylwia Brodacka are well-acquainted with the struggle.