NGINX, Inc., the company based on the open source project, offers a suite of technologies designed to develop and deliver modern applications. It has raised $43 million in Series C funding led by Goldman Sachs Growth Equity (GS Growth), a platform within Goldman Sachs’ Merchant
Crate.io, developer of CrateDB, an open source SQL database for real-time machine data and IoT applications, closed $11 million in Series A funding led by Zetta Venture Partners and Deutsche Invest Equity, with participation from Mike Chalfen, Momenta Partners, and Charlie Songhurst. Existing investors Draper
Open source networking company Lumina Networks raised $10 million in Series A financing, including $8 million in new funding led by Verizon Ventures. Other new investors included AT&T and Rahi Systems. Operating independently, following a spin-off from Brocade in August 2017, Lumina Networks plans to use
Snyk, a solution for addressing vulnerabilities in open source libraries, is announcing it has closed a $7 million Series A round of funding, led by Boldstart Ventures and Canaan Partners. Additional investors include Heavybit, FundFire, and Peter McKay, among others. Snyk aims to help companies use
DGraph, the makers of an open source, low-latency, high throughput, native and distributed graph database, closed $3 million in financing. Four investors contributed to the round, including Bain Capital Ventures, Blackbird Ventures, and AirTree Ventures. According to the company, Dgraph can handle terabytes of structured data
Software startup H2O.ai raised $40 million in Series C financing, led by Wells Fargo & Co., and NVIDIA. New York Life Capital Partners, Crane Venture Partners, Nexus Venture Partners, Transamerica Ventures, and Aegon also participated. According to the company, H2O.ai is focused on bringing AI
MariaDB announced the close of $27 million in Series C financing led by Alibaba Group. Intel Capital, California Technology Ventures, SmartFin Capital, Open Ocean Capital, Tesi, and European Investment Bank also participated in the offering. MariaDB was created in 2009 by the individuals behind MySQL,
Ecommerce startup Reaction Commerce announced the completion of $8.5 million in Series A financing led by GV. CrossCut Ventures, Double M Partners, and Female FoundersFund also participated in the funding. Reaction Commerce is an open commerce, intelligent, and customizable cloud solution that strives to provide
MakerBot Labs is an experimental platform and open source community for engineers and developers to create, build, customize, and collaborate on MakerBot 3D printing solutions, browse popular print modes, discuss material print profiles, and download software APIs. Users have access to interchangeable nozzles and custom
MongoDB launched its initial public offering (IPO) yesterday, raising more than $192 million. The company’s shares opened at $33 each, up more than 30 percent for their first day of trading. MongoDB is a leading open-source cross-platform document-oriented database program designed to unleash the power of