July 15: Businesses based on open source software

The 10 most valuable commercial open source software companies.

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Source: TrueUp
Published: July 2021

Businesses based on open source software

Open source software is code that is released with a license that allows the public to view, use, modify, and distribute the software. Commercial open source software (COSS) companies are those whose entire business is based on specific open-source software projects. They typically earn revenue by providing value-add software, services, special licenses, or fully managed versions of the software.

Most valuable commercial open source software companies
(Valuation in $USD)

1. Databricks
Valuation:
$28.0 B
Open source software at the core: Apache Spark

2. MongoDB
Valuation:
$22.5 B
Open source software at the core: MongoDB

3.Elastic
Valuation:
$13.3 B
Open source software at the core: Elasticsearch

4. Confluent
Valuation:
$12.0 B
Open source software at the core: Apache Kafka

5.JetBrains
Valuation:
$7.0 B
Open source software at the core: IntelliJ

6.Fastly
Valuation:
$6.9 B
Open source software at the core: Varnish

7.GitLab
Valuation:
$6.0 B
Open source software at the core: Git

8.Cloudera
Valuation:
$5.3 B
Open source software at the core: Hadoop

9.Rapid7
Valuation:
$5.2 B
Open source software at the core: Metasploit

10.Hashicorp
Valuation:
$5.1 B
Open source software at the core: Terraform, Vagrant, Consul

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