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FOSS Funding: Tier IV and How Not to Get Paid for Open Source Work

Submitted by Roy Schestowitz on Sunday 7th of July 2019 07:49:46 AM Filed under
OSS
  • Autoware open source self-driving startup Tier IV secures over $100 million in Series A round

    Tier IV, an open source self-driving startup based in Japan, has raised over $100 million in total in a Series A funding round to commercialize self-driving technology in private areas, depopulated areas, and urban areas. The fresh funding will also enable Tier IV to become a global platform company and scale out its self-driving business. The round was led by Sompo Japan Nipponkoa Insurance Inc., the Japanese major P&C insurance company, with participation from existing investors, Yamaha Motor Co., and other investors.

  • Tier IV raises over $100 million to develop open source software for driverless cars

    Tier IV, a Japan-based driverless car software maintainer and provider, this week announced the closure of a round north of $100 million led by Sompo Japan Nipponkoa Insurance, with participation from Yamaha Motor, KDDI, JAFCO, and Aisan Technology. The fresh capital brings the company’s total raised to nearly $130 million following seed rounds totaling $28 million, and founder Shinpei Kato said it’ll fuel the global commercialization and expansion of Tier IV’s self-driving technology platform.

    “Tier IV has a mission to embody disruptive creation and creative disruption with self-driving technology. We have derived a solid software platform and successfully integrated it with real vehicles,” said Kato. “It is time to step forward to real services, embracing functional safety and risk management.”

  • How Not To Get Paid For Open Source Work

    [Avi Press] recently made a Medium post sharing his thoughts on a failed effort to allow for paid users of an open source project. [Avi] is the author of Toodles, a tool to help organize and manage TODO items in software development. Toodles enjoyed unexpected popularity, and some of its users were large organizations. It seemed that Toodles was of value to people who could afford to pay, and they might even be willing to do so if [Avi] provided a way for them to do it. It turned out that the monetizing process was far from simple, and he ultimately wasn’t successful.

    [...]

    Regardless of whether “difficulty in shoehorning a paid license system into an open source project” should be filed under “Feature, not Bug” [Avi] does thoughtfully present the issues he encountered. Open source and getting paid are not necessarily mutually exclusive. Octoprint is one example of an open source project that eventually navigated these waters, but that doesn’t mean it was easy, nor does it mean there are established tools and processes.

»

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