ExtraHop Networks has completed a $5.1 million Series A round of funding, led by the Madrona Venture Group, with participation from angel investors including Marc Andreessen and Ben Horowitz. ExtraHop’s delivery assurance system helps enterprises manage applications and provides visibility for applications.
Founded in 2007 by former engineers from F5 Networks, Extrahop uses fluctuations in switch and processing capacity to analyze all the traffic within in an application. The software also lets engineers monitor apps and manage issues with troubleshooting. Extrahop says that it will use the funding to fund investments in customer acquisition, product development, and go-to-market efforts. Competitors that manage apps for businesses include NetQOS and NetScout.
Only shows that there still is plenty of money out there for companies that can attract them.
Daniel
https://spideroak.com
Multi-Platform Online Backup, Storage, Access, Share and Sync – Windows, Mac and Linux
Reading updates like this keeps us upstarts positive about the opportunities that are still out there. Keeping dreams and ambitions alive.
http://www.cazoodle.com
Keep in mind that this is the announcement, which means the money was likely raised many months ago.
But yeah, good companies will still get funding.
Jesse and Raja are both brilliant engineers who have done great things before and will certainly do great things with ExtraHop.
Alex