Tidelift, a Boston, MA-based open source software startup, secured $15m in Series A funding.
The round was led by General Catalyst, Foundry Group and former Red Hat Chairman and CEO Matthew Szulik. In conjunction with the funding, Larry Bohn, managing director at General Catalyst, Ryan McIntyre, co-founder and managing director at Foundry Group and Szulik have all joined Tidelift’s board of directors.
The company intends to use the funds to continue to expand operations.
Led by Donald Fischer, Havoc Pennington, Jeremy Katz, and Luis Villa, Tidelift professionalizes open source software, giving development teams a single source for purchasing and maintaining their software, with professional support and maintenance from experts.
The Tidelift Subscription already supports an array of popular open source technologies, with more coverage being added continuously whilst the open source project Libraries.io, a large public source of open source information which provides the data powering the Tidelift Subscription, tracks more than 2.6 million open source packages, enabling users to discover projects, build applications, and understand relationships between dependencies.