IDG Contributor Network: PureSec picks up investment because serverless is exciting

While in Israel late last year, I caught up with Shaked Zin and Avi Shulman, co-founders of security company PureSec. PureSec was in a bit of a conundrum. It was doing important work but in a space that was still nascent: serverless computing. As such, it was having a hard time both articulating its value proposition and getting investors to understand and commit to their story.

I found this conundrum interesting. Serverless computing is, after all, pretty high on the hype cycle. Ever since Amazon Web Services (AWS) introduced the notion of serverless via its Lambda offering a few years ago, all vendors have been rushing to commercialize their own serverless offering.

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IDG Contributor Network: What’s with application monitoring? Another company picks up a monster funding round

An interesting thing is going on in the application and infrastructure monitoring space. A ton of money is being poured into the various vendors in the market, and all of those vendors are rapidly morphing their platforms to provide holistic monitoring functionality. No longer is it just about application monitoring or infrastructure monitoring in isolation. What is de rigueur today is combined monitoring that provides the often-talked about “single pane of glass” across all of an organizations assets.

+ Also on Network World: Infrastructure monitoring products: Users pinpoint the best and worst features +

It’s a fairly busy space—New Relic, DataDog, AppDynamics and a host of others compete. And to that list we must add Wavefront, a Silicon Valley company that recently scored an impressive $ 52 million by way of a Series B funding round. The company advises that their valuation increased four times compared to their Series A round—no down valuations for this player. It also scored top-shelf investors, existing investors Sequoia Capital and Sutter Hill Ventures were joined by new investor Tenaya Capital and other equity holders.

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