Web: Cloud security startup ThousandEyes just landed $35M

February 2016 by: From The Web

There’s money to be had in ensuring that a company’s cloud software actually works.

ThousandEyes, a startup that can detect when cloud software goes down like an app that shows customer information, said on Thursday it that had landed $35 million in new funding. Tenaya Capital led the deal along with new investor GV (formerly Google Ventures), and existing investors including Salesforce Ventures, Sequoia Capital, and Sutter Hill Ventures.

ThousandEyes has received a total of nearly $60 million in funding, said ThousandEyes CEO Mohit Lad.

The startup sells software that companies can install on their corporate networks that scans for all of the different cloud services they may be using. If a company’s Microsoft Office 365 app malfunctions, for example, ThousandEyes should be able to pinpoint what exactly caused it to fail so that IT staff can more quickly fix the problem, Lad explained.

Additionally, ThousandEyes has partnered with a number of big technology companies like Salesforce and Microsoft that deliver software to their customers via their own data centers. These cloud companies use ThousandEyes to help them discover when their cloud software fails to perform correctly for their customers so they can more finely tune their products.


Continue Reading: Fortune