Welcome!

Apache Authors: Michael Meiner, MC Brown, Amy Lindberg, ChandraShekar Dattatreya, Carmen Gonzalez

News Feed Item

BlazeMeter Secures $6.5 Million in Financing Led By YL Ventures

BlazeMeter, provider of the JMeter-based performance testing cloud, today announced that it has secured $6.5 million in series A financing. The financing round was led by previous investor YL Ventures and joined by Glilot Capital Partners. The new funding will be used to further develop BlazeMeter’s mobile testing platform and establish leadership in the mobile testing market for application performance. It will also be used to help grow BlazeMeter’s business in North America by establishing its U.S. headquarters in the San Francisco Bay Area.

“We are excited to engage with BlazeMeter at this stage in the company’s development,” said Yoav Andrew Leitersdorf, managing partner, YL Ventures. “BlazeMeter’s performance testing technology is a proven solution that has shown success time and time again with more than 500,000 tests conducted over 50,000 users since its launch. It brings new levels of ease of use to market for developers, which has contributed to its continued growth among Fortune 100 customers, and is something we look forward to helping the company expand.”

“We are moving toward a continuous deployment model, and since performance escalating is a huge concern for a business like ours, we have to do performance tests when we release certain components of our system,” said Spencer Greene, vice president engineering, Ticketfly. “And, if you want to have that be fully automated, we must use BlazeMeter to do an automated performance test with a structured result that we can use to validate that the software performance is there before we push it to production.”

BlazeMeter provides a single, cloud-based platform for all performance testing needs throughout an application’s lifecycle – from early development to production performance testing and post-production monitoring. YL Ventures and Glilot Capital Partners both support BlazeMeter’s vision for bringing simple scalability to Web and mobile app development and testing. BlazeMeter already enables companies to run tests in minutes scaling from 1,000 to more than 1,000,000 concurrent users across multiple geographic locations, all without the burden of building a full performance testing infrastructure.

“Application development is my passion,” said Alon Girmonsky, founder and CEO, BlazeMeter. “I consider creating tools that will simplify the application development and testing processes for developers as BlazeMeter’s mission. Our user base has grown six fold over the past 12 months and this is attributed to the increasing demand for mobile performance testing. The new funding will enable BlazeMeter to release many new features that will make this testing process even easier and more agile.”

“We are proud to join the BlazeMeter team,” said Kobi Samboursky, managing partner, Glilot Capital Partners. “BlazeMeter has developed an excellent SaaS platform that is relied upon by an impressive portfolio of corporate customers from a wide range of markets and applications. We strongly believe in the company and its management and look forward to contributing to the company's continued growth.”

Follow BlazeMeter

About BlazeMeter

BlazeMeter is a self-service, Web and mobile performance testing platform provider, offering developers an enterprise-grade, turnkey performance testing solution that is 100 percent compatible with Apache JMeter™. It is the performance testing platform of choice for more than 15,000 customers at companies, including Citi, Nike, Walmart, Thomson Reuters, Adobe, Disney, Cubic Corporation, KGM Gaming, Pfizer and many more. BlazeMeter can run multiple performance tests that easily simulate scalability from 50 to more than 1,000,000 concurrent users from both public clouds or inside the corporate firewall. It significantly simplifies the performance testing process by providing developers with easy integration into their native development environment, unlimited on-demand performance testing capacity, sophisticated results analysis and distributed testing across multiple geographic locations. For more information, please visit www.blazemeter.com, our blog or find us on Twitter @BlazeMeter and LinkedIn.

About YL Ventures

YL Ventures (www.YLVentures.com) is a global venture capital firm that was founded to address the changing venture capital financing landscape. The firm invests in cyber security, cloud computing, big data and Software-as-a-Service software companies, with particular focus on the Israeli market. Currently investing out of its $27.5 million second fund, YL Ventures accelerate the evolution of portfolio companies via strategic advice and Silicon Valley-based operational execution.

About Glilot Capital Partners

Glilot Capital Partners offers seed and early stage investments as well as the support, guidance and network of contacts of its experienced principals; accelerating the success of promising Israeli startups in the areas of software, cyber and IT security, Internet, and mobile applications. For more information, please visit www.glilotcapital.com or visit Glilot on Facebook.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the real benefits to focus on, how to understand the requirements of a successful solution, the flow of ...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada. Our partner network encompasses some 300 of the world's leading systems integrators and security s...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world. The next @ThingsExpo will take place November 4-6, 2014, at the Santa Clara Convention Center, in Santa Clara, California. Since its launch in 2008, Cloud Expo TV commercials have been aired and CNBC, Fox News Network, and Bloomberg TV. Please enjoy our 2014 commercial.