The company, which recently graduated from Y Combinator’s Winter 2023 batch, plans to double its team size and is targeting a Series A funding round by mid-next year. Middleware's platform collects data from various sources and applies machine learning algorithms to detect patterns and anomalies that indicate performance issues. The company is focusing on enabling users to debug issues inside microservices, and plans to offer a free version of its platform that can handle more data than competitors, as well as a premium version with more features and support.
Key takeaways:
- Middleware, an AI startup focusing on cloud observability, has raised $6.5 million in a seed round led by 8VC. The funds will be used to expand the team, develop new features, and acquire more customers.
- The company is planning to create an advanced AI advisor that uses generative AI to improve the cloud observability stack.
- Middleware's platform collects data from various sources and applies machine learning algorithms to detect patterns and anomalies that indicate performance issues and other problems.
- With the recent funding, Middleware is well-positioned to meet the growing demand for advanced, AI-driven observability tools as more companies transition to cloud-native systems and microservices.