Welcome!

Apache Authors: Liz McMillan, Elizabeth White, Pat Romanski, John Mertic, Janakiram MSV

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
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.