Epsagon, which makes solutions for monitoring serverless architecture systems, has raised $4.1 million in seed funding led by Lightspeed Venture Partners, StageOne Ventures, and Stratoscale founder Ariel Maislos.
Based in Israel, Epsagon was founded by ex-members of the cyber intelligence unit at the Israel Defense Force. The company develops a performance monitoring tool for serverless architecture that, using AI, gives companies and enterprises visibility of their entire systems to troubleshoot any problems and predict any potential issues or downtime.
“We have built a dedicated solution that answers the unique needs that serverless architectures demand - and the feedback we have received from our pilot customers indicates that we are solving a major challenge for their respective businesses,” said CEO Nitzan Shapira.
The new funds will be invested in R&D and marketing and sales.
“Serverless architecture will become a dominant platform in the years to come and Epsagon is addressing a major challenge faced by companies adopting serverless,” commented Yoni Cheifetz, partner at Lightspeed Venture Partners.