Open Source China Funding, Investors & Competitors

Open Source China has raised $108M across 2 funding rounds, most recently a Series C in April 2026.

Last Open Source China funding round

Series C

Amount undisclosed · Apr 2026

Cumulative funding Open Source China raised

$108M

across 2 funding rounds

Key investors in Open Source China

  • Legend Capital
  • Lenovo Capital and Incubator Group (LCIG)
  • China Internet Investment Fund
  • FutureX Capital
  • Suzhou Innovation Investment Group
  • Shanghai Guotou Pioneer
  • Baker Capital
  • Jiuzhou Venture

Open Source China Overview

About Open Source China

Open Source China operates as China's leading online community for open source software developers. The platform hosts repositories for thousands of projects, including Git hosting similar to GitHub, alongside news feeds on global open source trends. It features dedicated forums for technical discussions, Q&A sections modeled after Stack Overflow, collaborative translation projects for documentation, personal blogs, and curated software libraries. Launched in 2008 and headquartered in Beijing, the site draws millions of monthly active users primarily from mainland China. Community members organize events like the annual OSCON China conference and distribute podcasts on programming topics. Additional services cover job listings for developers and integration with tools like Maven Central for Java dependencies.


Founded

2011

HQ

ChinaShenzhen

Status

Privately held

Customer focus

B2B & B2C

Revenue model

Advertising, Non-profit, Subscription

Open Source China Funding History

Open Source China has raised a total of $108M across 2 funding rounds.

Open Source China's first fundraising round was a $108M Series B in June 2023. The most recent completed round was a Series C in April 2026.

Open Source China funding rounds

Open Source China funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2026Series CShanghai Guotou Pioneer (lead); Suzhou Innovation Investment Group; Lenovo Capital and Incubator Group (LCIG); China Internet Investment Fund; Jiuzhou Venture; Baker Capital; Legend Capital--
Jun 2023Series BFutureX Capital (lead)$108MOSChina, also known as Open Source China or OpenSource Consensus Tech, operates an open-source software developers’ community platform in China, categorized under Media. On June 27, 2023, it raised approximately $107 million in a Series B round led by FutureX Capital, with participation from Shanghai STVC Group, China Internet Investment Fund, and Winreal Investment, alongside strategic investors Baidu, Lenovo Group (via Legend Capital/Lenovo Capital & Incubator Group), Huawei Technologies, and China Mobile (Real First Capital). FutureX Capital, the lead investor, focuses on growth-stage technology investments in China, including big data, cloud computing, IoT, semiconductors, and smart manufacturing, which aligns with OSChina's open-source platform. The firm had recently closed its Fund II on $150M in July 2023.

Who has invested in Open Source China?

8 investors have backed Open Source China across its funding rounds, including Legend Capital, Lenovo Capital and Incubator Group (LCIG), China Internet Investment Fund, FutureX Capital, Suzhou Innovation Investment Group and Shanghai Guotou Pioneer.

Lead investors include Shanghai Guotou Pioneer and FutureX Capital.


Open Source China Investors

Investors in Open Source China by funding rounds participated
InvestorHQRoundsRoleFirst check
Suzhou Innovation Investment GroupChinaSuzhou1ParticipantApr 2026
FutureX CapitalHong KongHong Kong1LeadJun 2023
Lenovo Capital and Incubator Group (LCIG)ChinaBeijing1ParticipantApr 2026
China Internet Investment FundChinaBeijing1ParticipantApr 2026
Jiuzhou VentureChinaZhuhai1ParticipantApr 2026
Baker CapitalUnited StatesNew York City, NY1ParticipantApr 2026

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Open Source China Competitors

Open Source China competitors include listed companies like Cloudflare, Datadog, Atlassian and MongoDB, and private ones like Anthropic and OpenAI.

Public and private companies comparable to Open Source China
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
CloudflareUnited StatesUnited StatesPublicly listed$2.2B($25M)$119B44.3x
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
AtlassianAustraliaAustraliaPublicly listed$6.6B$142M$49B7.2x
MongoDBUnited StatesUnited StatesPublicly listed$2.5B($104M)$32B10.4x

Open Source China Public Comps

Open Source China is still privately-owned, but its public comps include Cloudflare, Datadog, Atlassian, MongoDB, DigitalOcean, JFrog, GitLab, Justsystems, C3.ai and Progress Software.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Atlassian$6.6B$142M7.4x7.2x342.1x23.7x
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
DigitalOcean$901M$343M18.2x14.9x47.9x37.7x
JFrog$532M($67M)20.3x17.4x(159.9x)88.4x
GitLab$955M($82M)7.5x6.7x(87.0x)44.3x
Justsystems$331M$156M3.1x3.2x6.7x-

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Common questions about Open Source China

When was Open Source China founded?Open Source China was founded in 2011.
Where is Open Source China headquartered?Open Source China is headquartered in Shenzhen, China.
Is Open Source China publicly listed?No, Open Source China is a private, VC-backed company.
How much funding has Open Source China raised?Open Source China has raised $108M across 2 funding rounds.
What was Open Source China's last funding round?Open Source China's last funding round was a Series C in April 2026, led by Shanghai Guotou Pioneer.
Who are Open Source China's investors?Open Source China's investors include Suzhou Innovation Investment Group, FutureX Capital, Lenovo Capital and Incubator Group (LCIG), China Internet Investment Fund, Jiuzhou Venture, Baker Capital, Legend Capital and Shanghai Guotou Pioneer.
Which companies are comparable to Open Source China?Companies comparable to Open Source China include Anthropic, OpenAI, Cloudflare, Datadog, Atlassian and MongoDB.

See companies similar to Open Source China

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