Wavefront raises $11.5M in Series A

What does Wavefront do?

Wavefront, is an IT analytics company which was designed for preventing outages. It is a cloud based, next gen solution for managing data centers or simply put for SaaS monitoring. The company’s product concept is based on the big data approach invented at Google and refined at Twitter which involves real time processing of high frequency systems measurements.  Using this platform, engineers from technical operations, IT, security/compliance, application development teams can ask almost any question of their systems and get their question answered in real time. The company helps enterprises optimize digital services and eradicate software failures.

This is a query engine, a language and a hosted platform which serves everybody from small start-ups to huge organizations with hybrid, complex an cloud infrastructure.

How much Wavefront was funded?

Wavefront raised $11.5M in Series A on February 16, 2016 from Webb Investment Network, Sequoia Capital and Sutter Hill Ventures.

What is next for Wavefront?

Wavefront has announced the launch of its powerful data analytics platform in order to help the software based companies thrive in this age of big data and maintain high performance at scale. This platform allows the users in visualizing and querying a wide range of metrics which includes performance data and computing load. The company unifies and processes millions of data points per second and delivers insights at the speed of a thought.

More about Wavefront

The company was founded in 2013 by Dev Nag, Durren Shen and Clement Pang. It has its headquarters in Palo Alto, CA. The company helps organizations in scaling and improving customer experience with the unparalleled visibility into enterprise wide data, real time responsiveness and powerful analytics. The company offers the uses the ability to harness big data with a powerful analytics language, reducing false alarms, turning suspected data set connections into confirmed incidents and avoiding degradation.