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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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Why you should care that Oracle is buying Sun

Zen and the Art of Nonprofit Technology

However, today’s news that Oracle is going to buy Sun Microsystems has some very important implications. It has to do with the fact that many, many nonprofit websites and web applications are built using MySQL, the most popular open source database management system. For us, it’s generally much more removed.

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Meet Budibase, a low-code open-source web app builder with automations

TechCrunch

So despite the broader downturn , it seems that 2022 may have been relatively kind to startups operating in the no- and low-code sphere, something that fledgling Northern Irish startup Budibase is capitalizing on with the announcement of a fresh $7 million tranche of funding to further develop an open source web app builder.

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Thoughts on the Future of Open Source and Nonprofits

NTEN

Based on my informal assessment of attitudes and interest in the NTEN community about open source software, I think there's a significant and growing number of folks and organizations who are either interested in, already using, or even evangelizing open source solutions. Current Trends.

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Oracle and Google’s Supreme Court showdown was a battle of metaphors

The Verge

Oracle , a decade-long war over the future of software, neared its end in the Supreme Court this week as a battle of metaphors. Oracle covers a complex question : what elements of computer code can be copyrighted, and if that code is covered by copyright, when it’s still legal to use pieces of it under fair use. Alex Castro.

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Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

TechCrunch

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.

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Salto raises $27M to let you configure your SaaS platforms with code

TechCrunch

Salto , a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. Salto makes the core of its service available as open source. ” Image Credits: Salto.

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