Squadcast, a SaaS-based Incident Response platform, has raised $6 million in Pre-Series A funding led by DNX Ventures. Along with participation from IT services giant Wipro of an additional $1.2 million investment.
Squadcast plans to use this funding to expand its product suite, grow its teams across all functions, and further expand on its goal to democratize SRE adoption for organizations of all sizes.
Company: Squadcast, Inc.
Raised: $6.0M
Round: pre-Series A
Funding Month: August 2021
Leading Investors: DNX Ventures
Additional Investors: Wipro
Company Website: https://www.squadcast.com/
Software Category: SaaS-based Incident Response platform Intelligent Communication System
About the Company: Squadcast is a cloud-based software designed around Site Reliability Engineering (SRE) practices with best-of-breed Incident Management and On-call Scheduling capabilities. In today’s always-on world, not having the right incident and response management process comes with significant consequences. The goal of Squadcast is to be the easiest incident response platform helping engineers do on-call scheduling and incident management in the SRE way. Organizations can quickly and easily adapt Site Reliability Engineering practices to improve their incident resolution metrics and ultimately, the reliability of their systems.
Source: https://yourstory.com/2021/08/saas-startup-funding-squadcast-dnx-wipro/amp