FOSSID was founded in 2016 by a team of entrepreneurs who saw a new way of leveraging the strength of open source software for innovation and rapid growth – while still being in control of the adoption process and have full understanding of what licenses to comply with.
After combining many years of experience and practice from open source software compliance activities in sourcing, legal, and engineering positions, a new approach was decided where open source software adoption was tackled from en engineering perspective, rather than a legal perspective.
As a result, with quality-of-service and performance in mind, a knowledge-base was built, together with a purpose-made search algorithm that in 2016 became FOSSID – a state-of-the-art FOSS identification solution.
To date, the FOSSID database contains more than 20 times more projects than the closest competitor, with 100 times faster scans. FOSSID can find modified files as well as copy-pasted code snippets, and has the intelligence to remove redundant results from each scan.
Our mission is to enable the industry to embrace open source to the fullest. It is our belief that open source is the main pillar of modern software development, and license compliance is the outstanding challenge that it carries.
A global, self-financed company with exceptional growth
Since its foundation in 2016, FOSSID has been self-financed. Already in 2016, three Fortune 500 companies were pioneers in benefiting from the FOSSID tools and services, and ever since, new, large corporations have joined them, forming a 200% year-on-year revenue growth.
With offices in Sweden, Romania, and Japan, FOSSID currently employs some 30 people, with a heavy representation in engineering.
FOSSID serves global product customers in all parts of the world, particularly the U.S., Europe, Japan, and China, with resellers in Japan and China.