A: Yes, it is the hosted version of the open source and it keeps you free from deploying, managing, and optimising it so that you could focus on the core business.
The hosted version we provide include robust security measures, including regular updates and patches to safeguard against vulnerabilities.

If you're looking for ease of use, reliability, and reduced operational burden, choose the managed offering. If there are budget constraints & you have technical capabilities for setting it up and maintaining it, opensource version is way to go.

AppSumo is additionally a great $$$ saver.

Hope it helps!