|By Business Wire||
|May 13, 2014 09:01 AM EDT||
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.”
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.
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
May. 4, 2016 09:00 PM EDT Reads: 1,403
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
May. 4, 2016 07:00 PM EDT Reads: 1,271
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
May. 4, 2016 05:30 PM EDT Reads: 1,382
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
May. 4, 2016 05:15 PM EDT Reads: 395
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
May. 4, 2016 05:00 PM EDT Reads: 1,321
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...
May. 4, 2016 03:30 PM EDT Reads: 632
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
May. 4, 2016 03:00 PM EDT Reads: 1,176
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
May. 4, 2016 01:45 PM EDT Reads: 1,341
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
May. 4, 2016 01:00 PM EDT Reads: 1,435
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 4, 2016 12:45 PM EDT Reads: 922
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
May. 4, 2016 12:45 PM EDT Reads: 626
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
May. 4, 2016 12:15 PM EDT Reads: 563
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
May. 4, 2016 11:15 AM EDT Reads: 1,248
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
May. 4, 2016 10:00 AM EDT Reads: 1,526
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
May. 4, 2016 08:15 AM EDT Reads: 1,017
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
May. 4, 2016 08:00 AM EDT Reads: 1,280
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
May. 4, 2016 08:00 AM EDT Reads: 1,204
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
May. 4, 2016 04:45 AM EDT Reads: 1,365
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
May. 3, 2016 12:30 PM EDT Reads: 1,241
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
May. 3, 2016 12:15 PM EDT Reads: 1,625