Companies like VMware paved the way for cloud computing with virtual servers, followed by containers developed by Docker, an interestingly, serverless computing by AWS Lambda. As developers begin to see the value of serverless architecture, serverless computing is gaining momentum. These systems enable developers to set event triggers while the cloud provider handles the infrastructure requirements. In this post we look at 8 serverless startups to watch in 2022.
One of the most significant advantages of serverless computing is the ability to remove all of the challenges associated with managing servers. A serverless platform also helps improve the process of scaling as operations can be carried out in a private cloud environment or on-site.
Similarly, serverless monitoring allows users to monitor the state and performance of the functions and other infrastructure components in real-time. This allows developers to improve the entire coding process to the function level. According to a recent DigitalOcean survey, 44% of developers use serverless computing. Recent advances such as resource caching capabilities have allowed serverless computing to become mainstream. The growing userbase for serverless architecture has led to the birth of several startups in this space in the last few years. Let’s look at the most promising ones among them.
Vendia is a cloud-based code collaboration solutions provider. Vendia offers a serverless and distributed platform using blockchain that enables customers to share data and code in real-time across multiple clouds and companies. It allows users to create a multi-party distributed app from a schema and aggregates massive amounts of real-time data with entire lineage and fine-grained access control with upstream suppliers. In 2020, the company raised USD 5.1 million in a seed funding round led by Neotribe’s Swaroop ‘Kittu’ Kolluri.
Serverless offers developers a platform to build and deploy serverless applications across multiple providers with minimal maintenance. The company provides zero-friction serverless application development tools and services. The Serverless framework also increases development speed, prevents vendor lock-in, and offers high productivity and lower overhead cost. In July 2021, the company raised USD 10 Million in Series A and planned to use the capital to improve its product. Serverless’s leading investors include Trinity Ventures, Lightspeed, and Heavybit Industries.
Stackery offers serverless acceleration software that helps teams to manage release automation, governance, and control over serverless applications and infrastructure. The tools from Stackery are used to manage production serverless applications throughout their lifecycle. The software allows teams to improve workflow, where different developers can configure their own permissions, environments, and other configurations. Stackery also allows users to monitor the performance of various serverless deployments across multiple cloud providers. In April 2018, Stackery raised USD 5.5M in Series A to grow its enterprise client base.
Thundra is a cloud-based container security management solution provider. The platform provides solutions such as aggregated metrics, logs, and detailed traces that helps understand system behavior and further resolve issues. The serverless plugin allows users to wrap Node.js, Python, .NET Core automatically, and Java Lambda functions to monitor within Thundra. Features include automated and manual instrumentation, asynchronous monitoring, deep-dive tracing, advanced searching, profiling, and debugging. Clients include Arcelik and Crunch Media Works. The product is currently available on a subscription basis.
PureSec provides security solutions for serverless architecture and applications by looking at the serverless code and exposing the vulnerabilities present. Launched in 2016, the solution focuses on the secured framework, runtime protection, and vulnerability detection. The framework detects and prevents SQLi, resource exhaustion, XSS, and CSRF attacks. Puresec solution also includes tools for input validation, exception handling, strings sanitization, JWT verification, and secure access to the cloud. Recently, the company raised USD 3 million in seed investment, with primary investors being Entrée Capital And Square Peg Capital.
Epsagon develops monitoring solutions for serverless architectures. The firm’s software enables users to identify potential issues and quickly troubleshoot before problems arise. Being an AWS Advanced Technology Partner, Epsagon offers end-to-end observability into user applications for a better understanding of customers’ behavior. The company raised USD 4.1Million as funding in March 2018 to expand R&D, marketing, and sales efforts. In 2021, Epsagon was acquired by Cisco.
Lumigo offers serverless monitoring, debugging cloud applications, and troubleshooting platforms. The platform uses an AI engine to support serverless architectures and offers real-time visualization of environments, sends actionable alerts before disruptions happen, and performs entity behavioral analytics. Lumigo helps developers handle dependencies across complex and highly distributed architectures. Recently, the company announced the expansion of its core platform with support for containers and Kubernetes.
Macrometa, in partnership with Cloudflare, offers Workers a serverless application platform. The company also has a self-service platform for developers that can be used to access serverless databases, event processing, and stateful compute runtime for free. Headquartered in Palo Alto, the company raised USD 20 million through Series A funding in June 2021. The round was led by Pelion Venture Partners, DNX Ventures, Benhamou Global Ventures (BGV), Partech Partners, Fusion Fund, Sway Ventures, and Shasta Ventures.
Serverless, also referred to as function as a service or FaaS, is a great option for many organizations. With the environment being a major concern in recent years, serverless computing can be one of the ways of reducing the impact businesses have on the environment, as there are no physical servers or data centers. Similarly, the globalization of companies and the growth of the IoT sector require tremendous support at the time of expansion. Serverless applications can be the solution for businesses looking to expand across geographies and cloud environments of their ability to adapt easily.
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