Appwrite launches fund to support open source software development


Couldn’t attend Transform 2022? Discover all the summit sessions now in our on-demand library! Look here.

Leave him OSS Enterprise Newsletter guide your open-source journey! register here.

While nearly all modern applications rely on at least some open source components, the risks of relying too heavily on undermanaged open source projects are leading to renewed efforts to strengthen the software supply chain.

In the past few months alone, we’ve seen Google and Microsoft team up to fund Project Alpha-Omega, which aims to work directly with project maintainers to find new bugs in open source codebases. And Spotify, meanwhile, recently launched a new €100,000 ($109,000) fund to support maintainers of small-scale “indie” projects.

Today, it’s the turn of the open source backend-as-a-service (BaaS) company Appwrite to launch a fund dedicated to open source project maintainers and closely follow its recent fundraising of 27 million dollars. dollars.

“Open source is the engine of global technology, but many companies that benefit from it do little or nothing to contribute to the open source community,” Eldad Fux, founder and CEO of Appwrite, told VentureBeat. “As an open-source company, we understand how important it is to create a healthy ecosystem for our technology.”

give back

Founded in 2019, Appwrite offers developers APIs to power the underlying infrastructure of their applications, including user authentication, security, API management, file storage, databases, and more. As an open source product, companies can deploy Appwrite wherever they want and avoid getting locked into a specific ecosystem – and it’s this open source foundation that has now led Fux to create its new Open Source Software Fund (OSS funds).

“I know what it’s like to spend long hours in front of your computer, putting your blood, sweat and tears into something that you love and that also benefits thousands, if not millions, of people around the world. “, said Fux. “I knew from the start that we would use some of Appwrite’s success and investment to support other developers and maintainers like me, to give back to look to the future.”

Appwrite OSS Fund

The fund is relatively modest in size, starting at $50,000 in the first year, which will be awarded to open source maintainers behind projects that “lay the very foundations of today’s digital infrastructure”, but whose work is not is not recognized as such. financially. And it is possible to increase the fund each year, in line with Appwrite’s own financial growth.

According to Fux, the fund will support around 20 open source projects in its inaugural year, each earning around $2,500.

“We seek to support a variety of maintainers and technology-impacting projects,” Fux said. “We will prioritize projects that are maintained by individuals and not already well supported by other funds or organizations. We hope that by providing this support, we can also help raise awareness and encourage more companies and individuals to help make the open source ecosystem more sustainable.

Regarding how the money will be allocated and who will decide, Fux said that Appwrite will set up a committee made up of internal team members and members of the wider Appwrite open source community, who will decide. collectively which projects are best qualified for funding. Criteria will include things like a project’s popularity, technology impact, community growth, and current financial status.

Project maintainers interested in applying for support from the Appwrite OSS fund can do so here.

VentureBeat’s mission is to be a digital public square for technical decision makers to learn about transformative enterprise technology and conduct transactions. Learn more about membership.


Comments are closed.