- Tidelift, founded by former Red Hat employees, on Monday announced $25 million in new funding to try to create a new business model for open-source software.
- The open-source industry is in the middle of great change as some software companies make defensive moves against Amazon and other cloud providers reselling their open-source projects for a profit.
- Tidelift helps connect software developers with the people who make open-source software — the developers get better service and support, while the open-source maintainers get financial support for their work.
In the early 2000s, people would balk at the notion of using free, open-source software to run a serious business — companies like Red Hat, which bet its business model on the concept, were seen as oddities.
Now, Tidelift, a startup founded by a group of former Red Hat employees that wants to repeat the trick and pioneer a new business model for open-source software,