API infrastructure startup Solo.io raises $23M in Series B round
Summary
Solo was founded in 2017 and sells software that helps enterprises address the challenge of implementing microservices, which are the components of modern, containerized applications that can run in multiple computing environments. It offers a variety of tools that help with this, including its main product Gloo, which streamlines the transformation of legacy applications to new infrastructure and enables management from a single system. Gloo and Service Mesh Hub are the main components of Solo’s application programming interface-based infrastructure, which is used by enterprises to manage and federate security, traffic routing, observability and integration points. “We launched Solo.io with the understanding that the application network will be critical for growing adoption of microservices architecture and believe that service mesh is the future,” Solo founder and Chief Executive Idit Levine said in a statement. Levine stopped by theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the 2018 Cloud Foundry Summit, where she talked more about the company’s offerings and its commitment to open source: Show your support for our mission with our one-click subscription to our YouTube channel (below).
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