Read the latest on Greymatter.io and our recently announced partnership with Elsewhere Partners from SiliconANGLE!
Growth for Greymatter.io
Greymatter.io, a leading microservices platform provider, recently raised $7.1 million to fuel its global growth. This Series A funding round, led by Elsewhere Partners, will help the company expand its presence and accelerate the development of its platform.
Founded in 2015, Greymatter.io offers a comprehensive solution that combines service mesh and API management to address challenges in DevSecOps and NetSecOps pipelines. Its platform enables enterprises to manage, secure, and operate software more efficiently across hybrid and multi cloud environments.
Service Based Architecture Adoption
As businesses increasingly adopt service based architectures, Greymatter.io’s platform helps organizations manage the complexity of their IT systems. The platform supports zero-trust security, which ensures that every interaction within the network is authenticated and authorized. Additionally, it provides insight into all activities across the enterprise IT environment, helping to identify and address issues such as misconfigurations, unpatched vulnerabilities, and data leaks.
With this funding, Greymatter.io plans to expand its reach into both the public and private sectors. The company will focus on building its team, speedingplatform enhancements, and supporting open-source community projects. Greymatter.io aims to strengthen its capabilities in zero-trust security and data mesh, further enhancing its ability to meet the evolving needs of modern enterprises.
The Greymatter Platform
The company’s platform is already helping large organizations reduce operational costs by up to 30%. By providing cloud-agnostic solutions, Greymatter.io ensures that businesses can manage their IT systems seamlessly across a range of environments.
As part of the deal, industry veterans Mike Kushin and Michele Perry will join Greymatter.io’s board. Their experience will be instrumental in supporting the company’s market expansion and recruitment efforts.
Greymatter.io raised $7.1M to expand its microservices platform, enhancing security, visibility, and operational efficiency for enterprises. To learn more about Greymatter.io’s growth and how it is transforming enterprise IT, read the full article below.