Odds and Ends 

Tozny introduces encrypted identity tool as part of security service platform

Tozny, a Portland, Oregon startup that wants to help companies more easily incorporate encryption into programs and processes, introduced TozID today. It is an identity and access control tool that can work independently or in conjunction with the company’s other encryption tools. “Basically we have a Security as a Service platform, and it’s designed to help developers and IT departments add defense in depth by [combining] centralized user management with an end-to-end encryption platform,” Tozny CEO and founder Isaac Potoczny-Jones told TechCrunch. The company is introducing an identity and access…

Read More
Odds and Ends 

Xs:code launches subscription platform to monetize open-source projects

Open source is a great source of free tools for developers, but as these projects proliferate, and some gain in popularity, the creators sometimes look for ways to monetize successful ones. The problem is that it’s hard to run a subscription-based, dual-license approach, and most developers don’t even know where to start. Enter Israeli startup xs:code, which has created a platform to help developers solve this problem. “Xs:code is a monetization platform for open-source projects. Unlike donation platforms which are pretty popular today, xs:code allows open-source developers to provide added…

Read More
Odds and Ends 

Timescale announces $15M investment and new enterprise version of TimescaleDB

It’s a big day for Timescale, makers of the open-source time-series database, TimescaleDB. The company announced a $15 million investment and a new enterprise version of the product. The investment is an extension of the $12.4 million Series A it raised last January with a higher valuation, which it’s referring to as A1. Today’s round is led by Icon Ventures, with existing investors Benchmark, NEA and Two Sigma Ventures also participating. With today’s funding, the startup has raised $31 million. Timescale makes a time-series database. That means it can ingest large…

Read More
Odds and Ends 

Drone.io, Packet team on free continuous delivery service for open-source developers

Drone.io, makers of the open-source Drone continuous integration/continuous delivery tool (CI/CD), announced Drone Cloud today, a new CI/CD cloud service that it’s making available for free to open-source projects. The company is teaming with Packet, which is offering to run the service for free on its servers. Drone.io co-founder Brad Rydzewski says his company is “a container-native continuous delivery platform, and its goal is to help automate the developer workflow from testing to release.” Continuous delivery is an approach built on cloud-native, the idea that you can manage cloud and…

Read More
Odds and Ends 

Red Hat continues steady march toward $5 billion revenue goal

The last time I spoke to Red Hat CEO Jim Whitehurst, in June 2016, he had set a pretty audacious goal for his company to achieve $5 billion in revenue. At the time, that seemed a bit far-fetched. After all, his company had just become the first open-source company to surpass $2 billion in revenue. Getting to five represented a significant challenge because, as he pointed out, the bigger you get, the harder it becomes to keep the growth trajectory going. But the company has continued to thrive and is on…

Read More
Odds and Ends 

Cloud Foundry makes its mark on the enterprise

Today, more than ever, its open source projects that are leading the charge in how modern software is developed, deployed and managed. Theres Kubernetes for containers and OpenStack for running enterprise-grade infrastructure, for example. But over the course of the last few years, another platform Cloud Foundry has changed the way enterprises are developing their internal and external services. Cloud Foundry falls under the platform-as-a-service (PaaS) umbrella, which essentially makes it the PaaS counterpart to OpenStacks infrastructure-as-a-service. The promise of Cloud Foundry is that it abstracts all of the grunt…

Read More
Odds and Ends 

Tracking the explosive growth of open-source software

Dharmesh Thakker is a general partner at Battery Ventures and a former managing director at Intel Capital. More posts by this contributor: How viral open-source startups can build themselves into enterprise-IT powerhouses The Money In Open-Source Software Max Schireson is the former CEO of open-source database company MongoDB and is currently an executive-in-residence at Battery Ventures. More posts by this contributor: The Money In Open-Source Software Dan Nguyen-Huu is an associate at Battery Ventures. More posts by this contributor: How viral open-source startups can build themselves into enterprise-IT powerhouses Many of todays hottest new…

Read More