HomeUSAQpoint Raises $4M in Pre-Seed Funding

Qpoint Raises $4M in Pre-Seed Funding

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Qpoint

Qpoint, a San Francisco, CA-based company providing visibility and control over external service dependencies and traffic flows, raised $4M in Pre-Seed funding.

The round was led by Mango Capital with participation from Preface Ventures, Scribble Ventures and Bloomberg Beta.

The company intends to use the funds to further product development and expand the business reach.

Led by CEO Tyler Flint, Qpoint provides comprehensive visibility and control over external service dependencies and traffic flows for modern, highly connected applications. It uses the latest eBPF tech to empower platform teams, SREs, and operators to improve reliability, boost productivity, optimize costs, and ensure data governance without sacrificing developers ability to drive innovation at high velocity.

The company enables an operations team to tackle a wide range of integration-related use cases, including:

  • External Service Reliability: identify issues or anomalous behavior with external services to minimize impacts on mission-critical applications.
  • Rate Limit Detection: continuously track external API usage, providing alerts when nearing capacity limits to prevent throttling and maintain availability for production systems.
  • Root Cause Analysis and Debugging: enable improved analysis and troubleshooting of integration-related issues.
  • Cloud Bandwidth and Billing Attribution: get insight into bandwidth utilization to accurately attribute resource usage and cloud costs to specific teams or projects.
  • Vendor Audit Trails: track vendor API interactions to provide clear evidence of SLA violations and ensure vendor accountability
  • Zero Trust Security: limit access to external endpoints to only those applications that have been explicitly authorized, minimizing the risk of unauthorized access and sensitive data exposure.

FinSMEs

23/10/2024

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