Wavefront Raises $11.5M Series A Funding

wavefront_logoWavefront, a Palo Alto, CA-based provider of a data analytics platform to prevent outages, raised $11.5m in Series A funding.

The Series A round was led by Sequoia Capital. In conjunction with the funding, Bill Coughran from Sequoia joined Wavefront’s board.

The company has raised $20.5m to date from Sequoia, Sutter Hill Ventures, and the Webb Investment Network.

Led by CTO and Founder Dev Nag, Wavefront provides software-based companies with a a query engine, a language, and a hosted platform to visualize and query a wide range of metrics, including computing load and performance data, in order to optimize digital services and eliminate failures.
The technology is available for application delivery, cloud scale, operational analytics, big data management, Internet of Things, and business metrics.

Wavefront serves small-scale startups to massive organizations with complex, hybrid, and cloud infrastructure including Fortune 500 companies, consumer web platforms (websites and mobile apps), SaaS or XaaS providers, digital enterprises and IoT systems.

FinSMEs

16/02/2016

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