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Eclipse is a non-profit platform for open-source software collaboration that hosts a large ecosystem of projects, including the Eclipse IDE and Jakarta EE. The Eclipse IDE is a development environment for writing, running, and debugging code, while the Foundation provides governance, shared infrastructure, and funding for these projects. It differentiates itself by combining a broad community with formal governance and a nonprofit funding model that keeps projects open and community-driven. Its goal is to enable open-source software creation at scale by offering shared infrastructure and keeping projects freely accessible to everyone.
Industries
Consumer Software
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$65M
Headquarters
San Francisco, California
Founded
2022
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Total Funding
$65M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Company Equity
Today, we're announcing our $80M Series A raise, led by Menlo Ventures and joined by Eclipse, Factory, Prosperity7, and Triatomic.
BrightInsight, a digital health solutions provider, has raised $13 million from existing and new investors including Eclipse, General Catalyst, Insight Partners, Mayo Clinic and New Leaf Venture Partners. The funding will advance the company's AI-enabled medication persistence and adherence solutions. Medication non-adherence affects 50% of chronic disease patients, contributing to 125,000 preventable deaths annually and $100 billion to $300 billion in avoidable healthcare costs in the United States. BrightInsight reports 30-70% patient participation in its deployed programmes, with similar rates continuing after one year. The company will use the capital to incorporate AI for user-specific insights and medication churn predictions, expand its disease-specific partner ecosystem, and extend platform support to caregivers and nurse educators.
Aerospace and defense tech startup Ursa Major Technologies Inc. landed a $600 million valuation in a new funding round, the latest sign that investors are eager to back companies developing new rocket technology.
The article discusses the challenges faced by several DeFi projects, including Eclipse, which combines Ethereum's security with Solana's performance. Despite receiving $65 million in funding from VCs like Placeholder and Polychain Capital, Eclipse's ES token has dropped 64% from its peak. The article highlights the importance of sustainable business models and user retention over short-term gains, noting that many projects with significant backing have struggled due to insufficient demand and competitive pressures.
Blue Water Autonomy, a technology company developing autonomous ships for the U.S. Navy, has emerged from stealth mode and announced securing $14 million in seed funding. The investment comes from Eclipse, Riot, and Impatient Ventures.
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Industries
Consumer Software
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$65M
Headquarters
San Francisco, California
Founded
2022
Find jobs on Simplify and start your career today