HomeUSAVerica Raises $12M in Series A Funding

Verica Raises $12M in Series A Funding

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Verica

Verica, a Washington, DC-based continuous verification company using chaos engineering to make systems less vulnerable to incidents, raised $12M in Series A funding.

The round, which brings total venture-backed funding to $17M, was led by Intel Capital, with participation from True Ventures and Mango Capital.

The company intends to use the funds to:

  • expand upon its product roadmap,
  • continue building out the enterprise-class features,
  • grow its headcount,
  • scale its go-to-market activities, and
  • onboard future customers.

Led by Casey Rosenthal, co-founder and CEO, and Aaron Rinehart, co-founder and CTO, Verica provides a platform that uses a chaos engineering and continuous verification approach to simulate adverse conditions rather than waiting for those conditions to manifest in actual use. This proactive insight into complex systems allows companies to discover security and availability weaknesses in systems before they become business-disrupting incidents. The platform ensures software works how it’s designed, allowing systems to continue operating successfully even when encountering unexpected turbulence.

FinSMEs

18/01/2022

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