CloudZero Raises $5M in Series A Funding Round

CloudZero, a Boston, MA-based site reliability management platform for cloud computing, closed a $5m Series A venture capital funding.

The round was led by Matrix Partners and Underscore VC. In conjunction with the funding, Tim Barrows from Matrix Partners and Michael Skok from Underscore will join CloudZero’s board of directors.

The company will use the funds to open its company headquarters in Boston, grow its enterprise SaaS platform, and increase investment in its open source community.

Led by Founder and CEO Erik Peterson, CloudZero is advancing a SaaS based site reliability platform (currently in invite-only beta) that identifies system fragility so that engineers may proactively optimize reliability before trust is compromised. The company’s platform continuously models the changing surface of a cloud system, as it continuously operates under pressure, providing insights that deliver trusted reliability.
The company is also announcing a new open source project called CloudZero Reactor for AWS. The Reactor normalizes metadata from various services in AWS accounts and then provides an interface to query the information. The Reactor also enables the CloudZero platform to model a system’s surface, providing insights and context into past, present and future states of systems. These insights enable engineers to discover and correct emergent behavior and learn why that behavior exists in the first place.



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