Terramate

Terramate

About Terramate

Simplify's Rating
Why Terramate is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Berlin, Germany

Founded

2023

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in cloud-native tech boosts collaboration opportunities for Terramate.
  • Shift from open source to source-available licenses opens market for Terramate's solutions.
  • Growing open-source software trend suggests strong market for Terramate's offerings.

What critics are saying

  • New CNCF Silver members enhance cloud-native capabilities, increasing competition for Terramate.
  • Shift to source-available licenses may pressure Terramate to reconsider its licensing model.
  • Decline in funding for open-source startups could limit Terramate's growth and innovation.

What makes Terramate unique

  • Terramate remains committed to fully open-source solutions, unlike competitors shifting to source-available.
  • Terramate leverages the growing trend of open-source software in tech products and tools.
  • Terramate benefits from the increasing popularity of open-source products without heavy marketing investments.

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Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

5%

2 year growth

-4%
PR Newswire
Oct 18th, 2023
Cloud Native Computing Foundation Continues To Drive Global Cloud Native Growth As 36 New Silver Members Join

Cloud native technology continues to make an impact across industries and geographiesSAN FRANCISCO, Oct. 18, 2023 /PRNewswire/ -- The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced today that 36 additional Silver members have joined the Foundation. These new organizations have invested in the cloud native ecosystem in order to connect, contribute, and collaborate with other innovative companies across the world."As we get ready to meet up with the cloud native community during our flagship North American KubeCon + CloudNativeCon event in Chicago next month, it is exciting to see the continued ecosystem growth and diversity of new members," said Chris Aniszczyk, CTO of CNCF. "We look forward to collaborating with these new members."About the newest Silver Members:Aembit Workload IAM provides policy-based, contextual, and secretless access between cloud-native, legacy, and SaaS workloads, wherever they run.Workload IAM provides policy-based, contextual, and secretless access between cloud-native, legacy, and SaaS workloads, wherever they run. Akamai is the cloud company that powers and protects life online, with its massively distributed edge and cloud platform that puts apps and experiences closer to users and keeps threats farther away.is the cloud company that powers and protects life online, with its massively distributed edge and cloud platform that puts apps and experiences closer to users and keeps threats farther away. Amplication is the most flexible open-source Node.Js backend development platform, that saves engineers from repetitive coding tasks and long development cycles.is the most flexible open-source Node.Js backend development platform, that saves engineers from repetitive coding tasks and long development cycles

Tech.eu
Aug 16th, 2023
How Open Source Startups Can Win Investors With Community Traction

Everyone in tech uses Open Source Software, either in their products or as supporting tools at various stages during the development of their products.But today's companies are working to balance their collaborative roots and the push for product domination. Even worse, funding has declined. But there are novel ways for companies to measure their success.Follow the money: a pivot from open source rootsLast week saw yet another company, Hashicorp, "cash in" its open source credibility as it announced a change in model from open source to a source available business source licence.It joins some of the grandparents of the open source movement, including Companies such as Couchbase, Cockroach Labs, Sentry, Elastic, Confluent, Redis Labs, MongoDB, Elastic, and Redis Labs who've previously made the pivot from open source after building their products off the backs of their developer communities.Under the license, as explained by The Register, the software's source code remains freely available, with "the right to copy, modify, create derivative works, redistribute, and make non-production use." But note the restriction about use in production.Further, "you may make production use of the licensed work, provided such use does not include offering the licensed work to third parties on a hosted or embedded basis which is competitive with HashiCorp's products."It goes against the spirit of the open source movement — but it might offer an opportunity for Europe's startups.Roman Khavronenko is the co-founder of VictoriaMetrics, a scaleup leader in the open source time series database monitoring space. The company was founded in Kyiv, Ukraine, and is now globally led and headquartered in the US.He sees this as an opportunity for companies that remain open source:Other companies that leave the open source community to increase profits are only expanding the market for those that stay open source. Open source helps products gain popularity without huge investments in marketing. However, when the product becomes popular, a source-available licence doesn't protect it from, for example, Amazon making an API-compatible clone.Changing the licence hurts popularity for the product

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