Appwrite launches fund to help sustain open-source software development

In the past few months alone, we’ve seen Google and Microsoft team up to fund the Alpha-Omega Project, which aims to work directly with project maintainers to find new bugs in open-source codebases. And Spotify, meanwhile, recently launched a new €100,000 ($109,000 USD) fund to support small-scale “indie” project maintainers.

Today, it’s the turn of open source backend-as-a-service (BaaS) company Appwrite to launch a dedicated fund for open-source project maintainers and follows hot on the heals of its recent $27 million fundraise.

“Open source drives the world’s technology, yet many companies that benefit from it do little-to-nothing to contribute back to the open-source community,” Appwrite founder and CEO Eldad Fux told VentureBeat. “As a company born out of open source, we understand how important it is to make sure we create a healthy ecosystem for our technology.”