Continuous verification startup Verica raises $12M to fuel growth
Continuous verification startup Verica Inc. announced today it has raised $12 million in new funding to expand its product roadmap, build out enterprise-class features and scale up its go-to-market activities.
Intel Capital led the Series A round, with True Ventures and Mango Capital also participating. Including the new funding, Verica has raised $17 million to date.
Founded in 2018, Verica’s platform uses chaos engineering and a continuous verification approach to simulate adverse conditions rather than waiting for those conditions to manifest in actual use. In doing so, the proactive insight into complex systems allows companies to discover security and availability weaknesses in systems before they become business-disrupting incidents, according to the company.
Chaos engineering is the discipline of experimenting on a software system in production to build confidence in the system’s capability to withstand turbulent and unexpected conditions. Verica uses chaos engineering to make systems more secure and less vulnerable to costly incidents.
Verica’s platform provides an “added layer of trust,” ensuring software works as it is designed, allowing systems to continue operating successfully even when encountering unexpected turbulence. The company’s platform is designed to help customers maintain confidence in their systems as they become more complex.
“We know that companies often struggle with outages and incidents as they attempt to balance reliability, availability and security with their growth and adoption of new technologies like Kafka and Kubernetes as well as continue their move to the cloud,” Casey Rosenthal, co-founder and chief executive officer of Verica, said in a statement. “Verica Continuous Verification Platform gives our customers the ability to find that balance as they move forward.”
Rosenthal added that the company has experienced strong growth over the last year. The demand for verification solutions has grown exponentially as the pandemic brought more people online and using digital platforms. The switch to digital has seen an increasing need for secure systems with less vulnerability to costly incidents.
Image: Verica
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