Nuweba,
the FaaS platform making serverless technology 10x faster and safer, today
announced an expanded seed funding round of $10.2 million led by Blumberg
Capital with
participation from Magma
Partners and Target Global. Nuweba is pioneering
development of the next wave of serverless platforms, and plans to
use the new funds to support further technological development of the platform
and build a variety of solutions on top of it.
Nuweba is bringing serverless technology to the forefront of cloud
computing, producing a solution with enhanced speed and unmatched application
security and visibility. Nuweba technology enables companies to use serverless
for user-facing applications, mission critical and other core workloads, all
without having to leave the companies' current ecosystem or change code or
configuration.
Less than a year after emerging from stealth in February 2019,
Nuweba became the first serverless platform to support the use of graphics
processing units (GPUs). Recognizing a market need for a high-speed serverless
option, Nuweba is bringing serverless to the mainstream with the most optimal
architecture for AI/ML use cases.
"Serverless technologies are
exciting and believed to be the future of cloud, but speed, security and
visibility still remain the top obstacles to adoption," said Ido Neeman, CEO, Nuweba.
"We're honored to be leading the charge with solutions to these problems, and
this additional funding will help continue momentum towards bringing serverless
technology mainstream."
"It's impressive to see a
newcomer to the serverless cloud computing space like Nuweba rise above the
competition," said Yodfat Harel Buchris, managing director, Blumberg Capital.
"The strength and experience of the Nuweba team is undeniable. We're excited to
back a company changing the way businesses operate applications in the cloud by
solidifying serverless as a leading architecture for modern workloads."