Portuguese startup Rely.io raised €2 million for its site reliability engineering platform

Funding Rounds

Summary

Microservices, distributed architectures and public cloud have allowed engineering organizations to scale fast and on-demand, increasing the complexity of data-driven reliability planning and service quality tracking across different teams, products or workload types. In response, Rely.io is building an agnostic SaaS platform for cloud-native companies to monitor and optimize software reliability without sacrificing feature velocity, making sure they deliver efficient, incident-free experiences that meet user expectations. Engineers can easily plug the platform into their existing monitoring and observability stack and begin defining acceptable reliability levels for each service, product, and user journey. They can also create powerful automations for alerting and releasing rollbacks, promoting a healthier incident management culture, and providing better visibility around the reliability of products up to the executive level. Our goal is to be the most user-friendly Site Reliability Engineering (SRE) platform, to empower organizations to quickly and easily adopt SRE practices to improve their reliability planning and decision making, their incident resolution metrics and ultimately, the reliability of their systems.” “José has impressed us with his clear vision and the ability to gather people around it, assembling an exceptional engineering and product team as well as leading domain experts such as Acácio Cruz, Google’s SRE Director, and Matthew Fornaciari, the co-founder of Gremlin the leading Chaos Engineering company, as investors and advisors,” said Luca Banderet, Partner at J12.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors The Wharton Angel Network Lead investors
Company - Funded company

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