Tag: open source
Where top VCs are investing in open source and dev tools (Part 1 of 2)
The once-polarizing world of open-source software has recently become one of the hotter destinations for VCs. As the popularity of open source increases among organizations and developers, startups in the space have reached new heights and monstrous valuations. Over the past several years, we’ve seen surging open-source companies like Databricks…
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HPE acquires cloud native security startup Scytale
HPE announced today that it has acquired Scytale, a cloud native security startup that is built on the open source Secure Production Identity Framework for Everyone (SPIFFE) protocol. The companies did not share the acquisition price. Specifically, Scytale looks at application-to-application identity and access management, something that is increasingly important…
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Hyperledger Fabric, the open source distributed ledger, reaches release 2.0
The open source Hyperledger Foundation announced the release of Hyperledger Fabric 2.0 today, the first such project to reach a 2.0 release. It’s a notable milestone. The blockchain as a business tool has certainly had a rocky road over the last few years, but there is still plenty to like…
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Cortex Labs helps data scientists deploy machine learning models in the cloud
It’s one thing to develop a working machine learning model, it’s another to put it to work in an application. Cortex Labs is an early stage startup with some open source tooling designed to help data scientists take that last step. The company’s founders were students at Berkeley when they…
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Snyk snags $150M investment as its valuation surpasses $1B
Snyk, the company that wants to help developers secure their code as part of the development process, announced a $150 million investment today. The company indicated the investment brings its valuation to over $1 billion (although it did not share the exact figure). Today’s round was led by Stripes, a…
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