Category Archives: open source

Armory lands $10M Series A to bring continuous delivery to enterprise masses

Armory, a startup that has built a CI/CD platform on top the open source Spinnaker project, announced a $10 million Series A today led by Crosslink Capital. Other investors included Bain Capital Ventures, Javelin Venture Partners, YCombinator and Robin Vasan. Software development certainly has changed over the last several years, going from long cycles between updates to a continuous delivery model. The concept is actually called CI/CD or continuous integration/continuous delivery. Armory’s product is designed to eliminate some of the complexity associated with deploying this kind of […]

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Foundries.io promises standardized open source IoT device security

IoT devices currently lack a standard way of applying security. It leaves consumers, whether business or individuals, left to wonder if their devices are secure and up-to-date. Foundries.io, a company that launched today, wants to change that by offering a standard way to secure devices and deliver updates over the air. “Our mission is solving the problem of IoT and embedded space where there is no standardized core platform like Android for phones,” Foundries.io CEO George Grey explained. What Foundries has created is an open and secure […]

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Serverless, Inc. lands $10M Series A to build serverless developers platform

Serverless, Inc came to the serverless game early, creating an open source framework for developers back in 2015. Today, they want to build on that earlier product to give developers more control over deployment and delivery of serverless applications. To that end, they announced a $10 million Series A round led by Lightspeed Ventures. They have now raised a total of $13 million, according to the company. The company also announced the release of the Serverless Platform, which include the Serverless Framework, Serverless Dashboard and Serverless Gateway. […]

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Open source sustainability

Open source sustainability has been nothing short of an oxymoron. Engineers around the world pour their sweat and frankly, their hearts into these passion projects that undergird all software in the modern internet economy. In exchange, they ask for nothing in return except for recognition and help in keeping their projects alive and improving them. It’s an incredible movement of decentralized voluntarism and represents humanity at its best. The internet and computing giants — the heaviest users of open source in the world — are collectively worth […]

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Nginx lands $43 million Series C to fuel expansion

Nginx, the commercial company behind the open source web server, announced a $43 million Series C investment today led by Goldman Sachs Growth Equity. NEA, which has been on board as an early investor is also participating. As part of the deal, David Campbell, managing director at Goldman Sachs’ Merchant Banking Division will join the Nginx board. Today’s investment brings the total raised to $103 million, according to the company. The company was not willing to discuss valuation for this round. Nginx’s open source approach is already […]

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