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CopperEgg Secures $2 Million in Series A Funding; Unveils Real Time Cloud Performance Solution

By Madhubanti Rudra
TMCnet Contributor

The real-time analytics company CopperEgg, Corp. reportedly secured $2 million in Series A funding led by Silverton Partners, a Texan early stage venture capital firm.

CopperEgg also announced the launch of a SaaS (News - Alert)-based performance monitoring solution called RevealCloud. In a press release, CopperEgg explained that the solution is designed to help companies accelerate the delivery of applications and services across public and private clouds.

In a press release, CopperEgg explained that RevealCloud provides split-second monitoring of the operating and performance metrics of cloud instances that support critical application services. The solution helps dramatically reduce the time to market during the development phase. With a watch on the customer usage pattern, the solution can, optimize deployments and identify early warning signals of service degradation, the company claimed in the release.

The solution leverages rapid deployment; a highly distributed data collection model; the extreme speed and scalability of a NoSQL schema-free database; and real-time visualization with click-through analytics.

It should be noted that CopperEgg has a suite of real-time performance monitoring solutions; RevealCloud is the latest addition to this range. Earlier this year, the company introduced RevealStorage which, according to the company was designed to help IT organizations optimize the efficiency of critical datacenter resources.

Together, RevealCloud and RevealStorage can provide CopperEgg customers end-to-end monitoring from the cloud to the datacenter, across virtual and physical IT environments. The combined solution will help the users isolate and solve critical performance problems before they impact application service delivery, CopperEgg officials explained in the statement.

“In a world where a few minutes of downtime can translate into millions of dollars in lost revenue, companies can no longer afford to stand by passively, wondering how their applications and services are performing in the cloud until they hear it from a customer. RevealCloud provides an invaluable cloud performance monitoring solution for companies who use the cloud to deliver customer facing applications, host their own critical IT services, or need visibility across both environments simultaneously,” CEO of Socialware Chad Bockius noted in a statement.