Redis Labs drops Commons Clause for a new license

General News

Summary

We all know how popular and helpful Linux and open source products are, but since most of them are available for free, how do the companies that produce them make any money to pay their bills? Instead, as Redis Labs CEO, Ofer Bengal, recently put it, " Cloud companies [which] use their monopoly power to adopt any successful open-source project without contributing anything to it. Redis added in their announcement, "other respected open source companies, like MongoDB and Confluent , created their own proposals for modern variants to open-source licensing. Each company took a different approach, but all shared the same goal — stopping cloud providers from taking successful open source projects that were developed by others, packaging them into proprietary services, and using their monopoly power to generate significant revenue streams. In 2008, not long after Amazon Web Services (AWS) was founded, he saw the fear " companies will wholesale strip-mine Open Source projects .

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industries
Fintech & Banking
applications
Anti Piracy

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Labels
Open Source Software Developer Tools Data Infrastructure Software

Linked Companies

Redis Labs Ltd
$50M to $100M
MongoDB, Inc.
$1M to $5M
Confluent
$1M to $5M