Steadybit Raises $7.8M in Seed Funding

GERMANY – Steadybit, a Cologne, Germany-based provider of a chaos engineering platform, raised $7.8M in Seed funding.

Backers included boldstart ventures, Angular Ventures and New Forge, along with a number of angel investors and individuals within the DevOps community.The company intends to use the funds to accelerate growth and expand operations.Co-founded by Benjamin Wilms (CEO), Dennis Schulte (CTO), and Johannes Edmeier (head of engineering), Steadybit provides a platform built to manage the nature of multi-cloud environments, multi-region application architecture, and the numerous microservices running inside of containers and Kubernetes. The platform can define applications’ steady-states by integrating existing load tests and monitoring tools, inject failure modes like network latency, and check for resilience best practices by applying resilience policies. It can then patch them automatically using its auto fix.Key features include:22/09/2022