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HomeInsightFunding Alert Deep-tech Startup KloudMate raises funding in pre-Seed round

[Funding alert] Deep-tech Startup KloudMate raises funding in pre-Seed round

[Funding alert] Deep-tech Startup KloudMate raises funding in pre-Seed round
Deep-tech Startup KloudMate

KloudMate, an observability platform has raised undisclosed amount in Pre seed funding round from JITO Angel Network (JAN), a global community-based Angel network in India.

The round also saw participation from 2am VC, LetsVenture, KRS Jamwal (Tata Industries), Jaydeep Deshpande (Google Cloud), Mayur Zanwar (TruScholar.io), Founder’s Room Capital, Quattro Ventures, Anoop Mathur (CORE Media Group) and Yagnesh Sanghrajka (100X.VC).

Bangalore-based KloudMate was founded in the summer of 2021 by Amitava Saha, Pranab Buragohain and Bidyut Baruah, it is a deep tech startup that provides a revolutionary new way to get deeper visibility into your AWS resources, gain faster insights, or automate problem identification and real-time alerts.

Its platform detects performance bottlenecks in serverless applications, identifies errors and helps developers fix issues in minutes.

“Serverless and Microservices architectures are rapidly growing technologies of the future. KloudMate (backed by 100X.VC), with its observability and machine learning capabilities, aims to solve some major challenges that these frameworks pose to developers. The company will use the funds to further develop the platform and rapidly scale it, over the next few months”, said, Pranab Buragohain, Co-Founder, KloudMate.

“JITO Angel Network was among the first to endorse and support our vision of KloudMate. Their decision making and funding process was lightning fast, and that was crucial for an early stage startup like us. We’re very excited to partner with them in this journey”, he added.

“Our commitment to back early-stage startups solving real problems has found a home once again as we invest in KloudMate. Kloudmate’s unique solution, vision of its founders and its overall business structure is what drew us to the startup, We are as much confident of its success as a tech. solutions provider, as we are excited in starting this new journey with them”, Pooja Mehta, CIO, JITO Angel Network, said.

In the financial year 2022, JITO invested around Rs 47 crore in new as well as follow-on investments in about 28 start-up companies. These investments supported companies with strong products and services in various early stages of funding.

About KloudMate

KloudMate is a Cloud Observability platform for millions of Developers building applications on Serverless infrastructure.

KloudMate detects performance bottlenecks in modern distributed applications, identifies errors and boosts developer productivity by reducing mean time-to-resolve issues, helping businesses shrink operating costs, increase customer satisfaction and grow revenues.

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