Thundra, which is an early-stage startup for serverless tooling, declared a raise of $4 million in a Series A round led by Battery Ventures. The company spun off from OpsGenie following the time it was sold to Atlassian for $295 million in 2018.
Founder of York IE, Scale X Ventures and Opsgenie, Berkay Mollamustafaoglu also took part in the round. Neeraj Agarwal from Battery Ventures is joining the company’s board complying with the terms of the agreement.
The startup also declared that it had recently appointed Ken Cheney for the post of CEO with technical founder Serkan Ozal becoming CTO.
Ideally, Thundra supported to run the serverless platform at OpsGenie. Being a commercial company, it aids in monitoring, debugging and protecting serverless workloads on AWS Lambda. Separate tools could be employed for these three tasks; however, Cheney expresses it makes sense to integrate them all because they are all linked in some way.
“We bring all that together and provide an end-to-end view of what’s happening inside the application, and this is what makes Thundra unique. We can actually provide a high-level distributed view of that constantly-changing application that shows all of the components of that application, and how they are interrelated and how they’re performing. It can also troubleshoot down to the local service, as well as go down into the runtime code to see where the problems are occurring and let you know very quickly,” Cheney explained.
He claims that this allows developers to get a very detailed perspective of their serverless application that otherwise would not have been possible. This supports them to take their mind off of the nuts and bolts of the infrastructure, the core reason they adopted the serverless system in the first place, and helps them focus more on writing code.
Thundra has the ability to do all of this in a serverless world, where there isn’t a fixed server and resources are momentary, posing a difficulty to spot and rectify problems. “It does this by installing an agent at the Lambda (AWS’ serverless offering) level on AWS, or runtime on the container at the library level,” he said.
Battery’s Neeraj Agarwal expresses having invested in OpsGenie; he was acquainted with the engineering team and was positive in the team’s ability to transform it from internal tool to more broadly applicable product.
“I think it has to do with the quality of the engineering team that built OpsGenie. These guys are very microservices oriented, very product-oriented, so they’re very quick at iterating and developing products. Even though this was an internal tool I think of it as very much productized, and their ability to now sell it to the broader market is very exciting,” he said.
The company is offering a free version, and then fixed pricing based on usage, storage, and data retention. The current product is a cloud service; however, it is planning to add an on-premises version in the coming future.
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