201803 Apr

Stackery lands $5.5 million for serverless platform

Summary

When Stackery’s founders were still at New Relic in 2014, they recognized there was an opportunity to provide instrumentation for the emerging serverless tech market.They left the company after New Relic’s IPO and founded Stackery with the goal of providing a governance and management layer for serverless architecture.Company co-founder and CEO Nathan Taggart says they could have done an A round, but the designation was a reflection of the reality of where their potential market is today.Like cloud computing that came before, developers love it because it saves them a ton of time configuring (or begging) for resources for their applications.If you think back to the Consumerization of IT phenomenon that began around 2011, it was this ability to procure cloud services so easily that resulted in a loss of control inside organizations.

Source: Techcrunch

Funding

$5.5M
Amount
Apr 03 2018
Date
-
Investor
Stackery
Company

Classifications

Companies