GitHub CEO on why open source developers should be exempt from the EU’s AI Act

GitHub CEO Thomas Dohmke says that open source developers should be made exempt from the European Union’s (EU) proposed new artificial intelligence (AI) regulations, adding that the opportunity is still there for Europe to lead on AI. “Open source is forming the foundation of AI in Euro

Samooha launches with tech that lets companies securely share data

Samooha, a startup developing a “cross-cloud” data collaboration platform, today announced that it raised $12.5 million in a funding tranche backed by Altimeter Capital and Snowflake Ventures, among others. CEO Kamakshi Sivaramakrishnan says that the cash infusion — Samooha’

Some Salesforce employees just found out they’re part of the 10% layoff announced last month

When Salesforce announced it was laying off 10% of its workforce last month, you might have assumed that meant that everyone who was affected was informed at that time. With social media flush with people talking about Salesforce layoffs today, the company says these are part of that original annou

ToolJet, an open source low-code app builder, wants to help companies do more with less

“Do more with less” has emerged as something of a business mantra over the past year, with companies across the industrial spectrum facing growing economic headwinds. Organizations of all sizes have been looking for ways to cut spending without jeopardizing their output, which is having

Penpot, the open source platform for designers and their coders, draws up $12M as users jump to 250K

Open source projects continue to stand out as compelling alternatives to proprietary software for those who are looking for more flexibility or price leverage in the tools that they use to work. Today one of the juggernauts in the space of design is announcing some funding. Penpot, an open source p

Lavender lands $13.2M for its AI-powered email marketing engine

Years ago, Will Allred and William Ballance were developing a tech platform, Sorter, to apply personality and communication psychology to marketing campaigns. Just as Sorter was heading to market, the pandemic hit — and marketing budgets froze. With a week of funding left, Allred and Ballance

Optimizing freemium products: Challenges and opportunities

Building a freemium product or service is only the first step. Once you’ve done the work to build and launch a freemium product, you will have to collect initial market reactions and see how the funnel behaves at each touch point. You will then have to decide whether to optimize the freemium

New Red Hat partnerships with SAP and Oracle could bode well for owner IBM

It's been a good week for Red Hat, and by extension IBM, the company that owns it. That's because Red Hat signed two partnership agreements this week, one with Oracle and the other with SAP. Those are some big players, and if it results in more deployments for Red Hat Enterprise Linux (RHEL

Netlify acquires front-end platform Gatsby

Web development platform Netlify today announced that it has acquired its competitor Gatsby, the company behind the opensource GatsbyJS framework. Gatsby, which had raised a total of $46.8 million, including a $28 million Series B led by Index Ventures in 2020, never quite got the traction that com

Digs is a Figma-like collaboration tool for home builders and suppliers

Digs, a Vancouver, Washington-based startup that is developing a collaboration tool for homebuilders and their vendors, is coming out of stealth today and announcing a $7 million seed funding round from Fuse, Flying Fish, Betaworks, Legacy, PSF, GFR and others. The company was co-founded by Ry

Passthrough raises $10M to simplify the process of investor onboarding

Tim Flannery, Alex Laplante and Ben Doran were working together at Carta's investor services team when they realized that onboarding funds to invest in startups was a taxing (no pun intended) process. It required manually creating subscription agreements — agreements that investors fill o

Risilience, a climate analytics and risk assessment platform for enterprises, raises $26M

Risilience, a SaaS-based analytics platform that helps companies assess their climate risk and plan their transition toward net-zero carbon emissions, has raised $26 million in a Series B round of funding. Spun out of the University of Cambridge’s Centre for Risk Studies (CCRS) back in 2021,

Which open source startups rocketed in 2022?

A new report shines a light on the world of commercial open source software (COSS) startups, including which ones are growing fastest, which are raising cash and even which universities are most popular among COSS founders. The report emanates from Runa Capital, a formerly Silicon Valley-based vent

ValueBase, backed by Sam Altman’s Hydrazine, raises $1.6 million seed round

OpenAI CEO Sam Altman believes AI can help usher in “unbelievable abundance,” but he says he wants to ensure that such abundance is shared. Toward that end, Altman has embraced a theory of 19th century political economist Henry George, who in his own lifetime worried about wealth amassi