Category Archives: Cloud

Replex gets $2.45M seed round to help track cloud native spend

Replex wants to help track cloud spending, but with a cloud native twist, and today it announced a $2.45 million seed round. The company previous raised $1.68 million in 2017 for a total of $4.15 million so far. As companies shift to a cloud native environment, and move ever more quickly, it is increasingly important to get visibility into how development and operations teams are using resources in the cloud. Replex is designed to give more visibility into spending and to help optimize the container environment in […]

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OpenFin raises $17 million for its OS for finance

OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Previous investors in OpenFin also include DRW Venture Capital, Euclid Opportunities and NYCA Partners. Likening itself to “the OS of finance”, OpenFin seeks to be the operating layer on which applications used by financial services companies are built and launched, akin […]

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Solo.io wants to bring order to service meshes with centralized management hub

As containers and microservices have proliferated, a new kind of tool called the service mesh has developed to help manage and understand interactions between services. While Kubernetes has emerged as the clear container orchestration tool of choice, there is much less certainty in the service mesh market. Solo.io announced a new open source tool called Service Mesh Hub today, designed to help companies manage multiple service meshes in a single interface. It is early days for the service mesh concept, but there are already multiple offerings including […]

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India’s most popular services are becoming super apps

Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest market, to borrow up to a few hundred dollars. The crediting option will be the fourth feature the nine-year-old app adds to its service in the last two years. So far it has added to the service the ability to text, record phone calls and mobile payment features, some of which are only available to users in India. Of the 140 million daily active users of Truecaller, 100 million […]

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SaaS management startup Intello scores $2.5 million extended seed

Intello, the New York City-based SaaS management platform, announced a $2.5 million extended seed round today, along with some product enhancements. The round was led by Resolute Ventures . Harrison Metal and Magnetico Ventures also participated, along with various individual angel investors, including Zane Lackey from Signal Sciences, Chris Smoak from Atrium and Zach Sherman from Timber. Today’s investment brings the total raised to $4 million, according the company. Mike Hirshland, a partner at lead investor Resolute Ventures, saw Intello helping customers deal with a serious and […]

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Shape Security’s latest product protects smaller businesses from credential stuffing

Shape Security has been helping big companies stay safe from fraudulent activities like password reuse and bot traffic on their publicly facing websites and apps. The company now wants to help smaller companies have that same type of protection, and today it announced a new cloud service called Connect aimed at that market. “We’re an enterprise-focused company that protects the majority of large US banks, the majority of the largest airlines, similar kinds of profiles with major retailers, hotel chains, government agencies and so on. We specifically […]

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Serverless monitoring startup Epsagon expands to cover broader microservices

When Epsagon launched last Fall, the Israeli startup had an idea to monitor serverless, architectures, specifically AWS Lambda. But the company didn’t want to confine itself to monitoring a narrow class of applications, and today it announced it is now able to monitor a broader set of microservice development approaches. CEO and co-founder Nitzan Shapira says when it launched, the startup wanted to take aim at serverless and Lambda seemed to be the prime tool for doing that. “Our product was basically a tracing, troubleshooting and monitoring […]

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SendBird snags additional $50M for messaging API tool, as it extends Series B to $102M

SendBird, a startup that enables developers to add messaging to their apps with a couple of lines of code, announced a secondary Series B investment of $50 million today. This additional funding comes on top of the $52 million, the company raised in February. The new money was led by Tiger Global Management, with significant participation from Iconiq, the firm that led the initial Series B round. Today’s investment brings the total raised to more than $120 million, according to Crunchbase data. This is a huge investment […]

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Render gets $2.25M seed round to give developers alternative to biggest names in tech

A couple of weeks ago, when Pinterest filed its S-1, its AWS bills raised eyebrows and questions about cheaper alternatives for startups. Render is a small startup with a big idea to provide infrastructure services for developers, who might be looking for a cheaper and easier alternative to bigger more familiar names. The company launched today with broad ambition and $2.25 million in seed funding from General Catalyst and the South Park Common Fund. As developers work with increasingly complex sets of technologies, it often requires teams […]

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Embrace raises $4.5M for its mobile application performance management platform

Embrace, an LA-based startup that offers a mobile-first application performance management platform, today announced that it has raised a $4.5 million funding round led by Pritzker Group Venture Capital. This brings the company’s total funding to $7 million. New investors Greycroft, Miramar Ventures and Vy Captial also participated in this round, as did previous investors Eniac Ventures, The Chernin Group, Techstars Ventures, Tikhon Bernstam of Parse and others. Current Embrace customers include the likes of Home Depot, Headspace, OkCupid, Boxed, Thrive Market and TuneIn. These companies use […]

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