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How Eclipse Foundation CEO Mike Milinkovich grew Eclipse Foundation to $26M revenue and 330 customers in 2025.

The Eclipse Foundation provides our global community of individuals and organizations with a mature, scalable, and business-friendly environment for open source software collaboration and innovation. The Foundation is home to the Eclipse IDE, Jakarta EE, Eclipse Software Defined Vehicle, and over 425 open source projects, including runtimes, tools, and frameworks for cloud and edge applications, IoT, AI, automotive, systems engineering, distributed ledger technologies, open processor designs, and many others. The Eclipse Foundation AISBL is an international non-profit association supported by over 350 members, including industry leaders who value open source as a key enabler for their business strategies. To learn more, follow us on social media at @EclipseFdn or visit eclipse.org.

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Eclipse Foundation Revenue

In 2025, Eclipse Foundation's revenue reached $26M. The company previously reported $33.1M in 2024. Since its launch in 2004, Eclipse Foundation has shown consistent revenue growth.

Eclipse Foundation Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M200420062008201020122014201620182020202220242025$0$12M$22M$26MSource: GetLatka.com
YearMilestone
2025Eclipse Foundation Hit $26m revenue in December 2025
2024Eclipse Foundation Hit $33.1m revenue in October 2024
2023Eclipse Foundation Hit $21.9m revenue in December 2023
2020Eclipse Foundation Hit $12.2m revenue in August 2020
2004Launched with $0 revenue

Eclipse Foundation Valuation, Funding Rounds

Eclipse Foundation is a bootstrapped Systems Engineering & MBSE Tools startup. Founded in 2004, Eclipse Foundation has grown to $26M in revenue without raising any venture capital or outside funding.

As a self-funded Systems Engineering & MBSE Tools SaaS company, Eclipse Foundation has built its business with no outside investment.

Eclipse Foundation Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120042004 cumulative: $0 • 2004 Founded: $02004 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Eclipse Foundation Employees & Team Size

Eclipse Foundation employs approximately 236 people as of 2026, up from 216 in 2024.

Eclipse Foundation has 236 total employees in different roles and functions and 1 sales reps that carry a quota. They have 330 customers that rely on the company's solutions.

Eclipse Foundation Team GrowthReported headcount over time05010015020025020042006200820102012201420162018202020222024202500236236Source: GetLatka.com
YearMilestone
2025Reached 236 employees (December 2025)
2024Reached 216 employees (December 2024)
2024Reached 215 employees (October 2024)
2023Reached 202 employees (December 2023)
2022Reached 187 employees (December 2022)
2021Reached 174 employees (December 2021)
2020Reached 147 employees (December 2020)
2020Reached 51 employees (August 2020)
2020Reached 146 employees (June 2020)
2019Reached 136 employees (December 2019)
2018Reached 127 employees (December 2018)

Founder / CEO

Mike Milinkovich

Mike Milinkovich is listed as Founder / CEO at Eclipse Foundation.

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Customers

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Frequently Asked Questions about Eclipse Foundation

What is Eclipse Foundation's revenue?

Eclipse Foundation generates $26M in revenue.

Who founded Eclipse Foundation?

Eclipse Foundation was founded by Mike Milinkovich.

Who is the CEO of Eclipse Foundation?

The CEO of Eclipse Foundation is Mike Milinkovich.

How much funding does Eclipse Foundation have?

Eclipse Foundation raised $0.

How many employees does Eclipse Foundation have?

Eclipse Foundation has 236 employees.

Where is Eclipse Foundation headquarters?

Eclipse Foundation is headquartered in Ottawa, Canada.

Compare Eclipse Foundation to the industry

Eclipse Foundation operates across multiple industries. Browse revenue, funding, and growth data for Eclipse Foundation in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Eclipse Foundation Revenue 2025: $26M ARR (Bootstrapped)