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Kloudfuse Launches Out of Stealth with $23M
Nov 6, 2023
It’s tough to recover from catastrophic system failures when you’re flying blind. Yet, many companies admit they’re doing just that — flying blind, more or less — where it concerns their software and critical infrastructure.
In a recent survey by Logz.io, the observability platform provider, 64% of businesses report over an hour mean time to recovery — in large part because they’re encountering roadblocks in getting the data they need to diagnose the underlying issues.
Now, there’s no shortage of observability vendors claiming to offer definitive solutions to this problem. But Krishna Yadappanavar — who previously co-founded a startup, Springpath, that Cisco acquired for $320 million in 2017 — thought there was room for one more.
With Springpath colleague Ashish Hanwadikar and Pankaj Thakkar, a former VMWare engineer, Yadappanavar co-founded Kloudfuse, which provides several tools for data observability across different compute environments. (Yes — that’s “Cloudfuse” spelled with a “K” instead of a “C.”) Kloudfuse today emerged from stealth with $23 million in funding, inclusive of a $17 million Series A round led by Newlands with participation from Blumberg Capital, Aspenwood Ventures, High Sage and Exponent.
“Hanwadikar, Thakkar and I saw an opportunity to help developers, DevOps and site reliability engineers, who spend significant time managing observability, troubleshooting data and analytics and lack automation capabilities,” Yadappanavar told TechCrunch in an email interview. “We co-founded Kloudfuse with the mission of making unified cloud observability more accessible and scalable to enterprises, enabling them to handle increased cardinality, gain more control and reduce costs.”
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