Speedscale Raises $9 Million in Funding  

by Kay Aloha Villamor in March 9th, 2023

Speedscale, an Atlanta, GA-based Kubernetes traffic replay company that simulates production conditions, announced that it raised a total of $9 million in a combination of pre-seed and seed funding.

Grotech Ventures led the investment round, with participation from Sierra Ventures, Tech Square Ventures, Correlation Ventures, CreativeCo, Tom Noonan, Wally Wang, and TIE Atlanta.

Speedscale will use the capital to expand go-to-market operations, accelerate product development, and further its message that successful cloud-native validation can only happen when realistic transactions, data, and environments are orchestrated in unison.

With the additional funding, the company plans on ramping up its sales team and introducing its platform to the Fortune 500 and other prospects within an expanding array of industries.

"Despite strides in DevOps and monitoring, organizations still end up in the news due to production incidents and outages. Validating code changes in complex cloud apps is daunting," says Ken Ahrens, CEO of Speedscale. "With Speedscale, development teams can easily replay production traffic, shift-left, and find major performance problems before a release. We are proud to team up with incredible investment partners, including Grotech, who can help us expand our reach and continue building proof of concept."

The company's Kubernetes traffic replay platform helps enterprises prevent costly incidents by validating how new code will perform under real-world, production-like conditions.

The company has launched a free developer edition to allow engineers to accelerate local microservice development. With this version, engineers can record local interactions with their APIs and auto-generate load, K6, or Postman tests, and also auto-generate mock servers.

Speedscale also offers both pro- and enterprise-level paid plans, which include flexible monthly replay and data limits with single sign-on and sensitive data redaction.

Company: Speedscale, Inc.

Raised: $9.0M

Round: Pre-seed and Seed Round

Funding Month: March 2023

Lead Investors: Grotech Ventures

Additional Investors: Sierra Ventures, Tech Square Ventures, Correlation Ventures, CreativeCo, Tom Noonan, Wally Wang, and TIE Atlanta

Company Website: https://speedscale.com/

Software Category: Production Traffic Replication Service

About the Company: Speedscale is a production traffic replication service that helps engineers build resilient Kubernetes apps. Speedscale informs engineers on what functionality has changed after each build and catches performance and regression issues before a release. Speedscale's Traffic Replay is an alternative to legacy testing approaches which take days or weeks to run and do not scale well for modern architectures. Speedscale's platform has been deployed by a growing number of SaaS providers and Fortune 2000 companies, among others. These include recognizable eCommerce and CPG brands such as Sephora, Vistaprint, and Zenni Optical.


Source: https://www.accesswire.com/742198/Speedscale-Secures-9M-to-Advance-Production-Traffic-Replication




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