KloudMate, a deep technology platform founded by Amitava Saha, Pranab Buragohain, and Bidyut Baruah, detects performance bottlenecks in serverless applications, identifies errors, and helps developers resolve issues in minutes instead of hours |
JITO Angel Network (JAN), a global community-based angel network in India, has invested an undisclosed amount in observability platform KloudMate as part of a pre-seed funding round, in accordance with its commitment to supporting the Indian start-up ecosystem from the earliest stages. of their development.
KloudMate, a deep technology platform founded by Amitava Saha, Pranab Buragohain, and Bidyut Baruah, detects performance bottlenecks in serverless applications, identifies errors, and helps developers resolve issues in minutes instead of hours. ‘hours.
Serial investors such as 2am VC, LetsVenture, KRS Jamwal (Tata Industries), Founder’s Room Capital, Quattro Ventures, Anoop Mathur (CORE Media Group), Jaydeep Deshpande (Google Cloud), Mayur Zanwar (TruScholar.io) and Yagnesh Sanghrajka (100X .VC) joined JAN in this funding round.
“Our commitment to supporting early-stage startups to solve real problems has found its way again as we invest in KloudMate. Kloudmate’s unique solution, founders’ vision, and global business structure are what drew us to the startup,” said Pooja Mehta, CIO, JITO Angel Network. “We are equally confident in its success as a technology solutions provider, as we are excited to begin this new adventure with them.”
Pranab Buragohain, co-founder of KloudMate, said, “Serverless architectures and microservices are 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 scale it rapidly over the coming months.
“JITO Angel Network was among the first to endorse and support our vision for KloudMate. Their decision-making and funding process was lightning fast, and that was crucial for a start-up like ours. We are thrilled to partner with them on this adventure,” he added.
In FY22, the network invested around Rs 47 crore in new and follow-on investments in no less than 28 start-ups. Investments have supported companies with strong products and services at various stages of funding.
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