Container monitoring startup Weaveworks raises $15 million from GV and Accel

Weaveworks, the makers of container and microservices management solutions, has closed a Series B funding round worth $15 million.

The round was led by new investor GV (the former Google Ventures) and existing investor Accel.

According to the UK startup, the funds will be used to meet increasing demand for its services in containers and microservices, where big software projects are broken down into smaller pieces for more efficient development.

Tom Hulme, general partner at GV, said he anticipates that Weaveworks has the vision to be a market leader in containers and microservices.

“Complex modern infrastructures and applications require visibility, and microservices and containers are no exception,” he said. “A category leader will emerge in microservices management, and Weaveworks’ traction, team and vision position them well to become that leader.”

“[GV and Accel] share our vision of simplifying microservice-based application development by minimizing the connectivity and deployment complexities, and providing unique visual ways to understand and manage cloud-native applications,” added Alexis Richardson, CEO of Weaveworks, who also the chair of the Cloud Native Computing Foundation (CNCF) Technical Oversight Committee.

Accel previously led a Series A round of $5 million in Weaveworks in December 2014. In addition to its London office, the startup also has a presence in San Francisco.

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