Tidelift pockets $25M Series B

Open-source software specialist Tidelift has raised $25 million in a round co-led by General Catalyst, Foundry Group and Matthew Szulik, the former chairman and CEO of Red Hat. Tidelift is the creator of a subscription-based service for open-source tools used by developers to create and maintain their projects. Founded in 2017, the Boston-based business raised $14 million at a valuation of $40 million last May.

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