Mon. Aug 8th, 2022

Fermyon Technologies Raises $6M in Seed Funding

Fermyon Technologies, a Longmont, CO-based cloud computing company, raised $6M in Seed funding.

The round was led by Amplify Partners with participation from Priyanka Sharrma, Tyler McMullen, Grant Miller, Barry McCardel, Marc Campbell, Manuel Weiss, Mark Pundsack and Andrei Pitis.

The company intends to use the funds to invest more in serving the developer community and to productize Fermyon.

Led by CEO Matt Butcher and CTO Radu Matei, Fermyon offers a cloud computing with WebAssembly PaaS that lets developers build microservices faster focusing on the code that brings value instead of the obligatory foundation code. The company formally launched with its lightweight open source application platform for creating WebAssembly microservices. WebAssembly is a “build once, run anywhere” technology designed to enable apps to run inside the browser, that is now being applied to solving cloud problems where speed and security are paramount.

Fermyon is built on a suite of existing open source projects that jointly comprise a WebAssembly PaaS. Hippo provides a web interface, Bindle manages packages, HashiCorp’s Nomad orchestrates deployments and Spin adds templating, monitoring, logging and caching to its execution environment. From these, the company assembles its WebAssembly PaaS that allows developers to compose microservices, web apps, scheduled batch jobs or machine learning triggered by HTTP, Redis pubsub or time-based events.

FinSMEs

27/06/2022

SOURCE https://www.finsmes.com/2022/06/fermyon-technologies-raises-6m-in-seed-funding.html

Leave a Reply

Your email address will not be published. Required fields are marked *