Reinventing open source enterprise management.
Why We Invested
Open source software (OSS) adoption is growing rapidly. Currently 90% of modern software is open source, and 77% of companies use open source in commercial products. With that increase, how enterprises manage and control their OSS use within their codebases is critically important. FOSSA is building the enterprise control panel for OSS, uniquely offering universal, real-time, detailed visibility into open source inventory with a state-of-the-art policy engine to make sure compliance departments are up to speed on all their open source usage.
“Our last round was really competitive; the decision, for us, came down to trying to build the highest-powered board possible. Working with Canvas meant that we really had an opportunity to work with Gary Little. Right from the start, Gary gave great input into our planning process as we were dealing with the Coronavirus live. He bolstered our team with his confidence and practically found ways to get involved and bond with the broader group.