Seerene, a Potsdam, Germany- and New York, NY-based advanced analytics spin-off of the Hasso Plattner Institute, raised $5m in seed funding.
The round was led by Earlybird Venture Capital, with participation from other investors.
The company intends to use the funds to bring its SaaS platform to the U.S. and Asia.
Led by CEO Oliver Muhr, seerene provides SaaS-based insights and analytics platform for enterprises, IT services companies and regulators to gain actionable insights into applications, code and teams and make decisions across all software stacks, teams and technologies.
seerene, which also allows IT services companies to offer a new level of transparency within customer projects, collects, analyzes and visually presents all data generated around software, including code and team activity, for greater productivity and transparency.
Clients include SAP, IBM, Adidas, Volkswagen, Mercedes-Benz, The Generali Group and other global Fortune 1000 companies.