Rapid Customer Adoption Coupled with World-Class Investors Validates Need for a Modern Enterprise Open Source Management Platform SAN FRANCISCO, September 16, 2019-- FOSSA, the open source management company, today announced that it has closed a $8.5 million Series A funding round led by Bain Capital Ventures and Costanoa Ventures, with participation from Norwest Venture Partners. This brings FOSSA's total amount of funding to $11 million. The investment will be used to accelerate product development, expand enterprise features and drive overall corporate growth. In 2011, Gartner estimated that open source adoption in the enterprise was below 20%.