Irish technology company Kerno has raised almost €1.7 million in funding to develop its problem-solving platform for engineering and operations teams.
The seed round was led by Elkstone Ventures, with participation from London-based MMC Ventures and angel investors including Algolia CTO Sean Mullaney, and Project A Ventures’ Stephan Schulze. The money will be used to grow the company’s reach to 100,000 cloud-native developers and boost staff numbers to 20 over the next two years.
Founded in 2022 by Sean Madigan, Karim Traiaia, Anibel Ambertin, Maxi Delo and Vlad Romanov, Kerno’s technology monitors and troubleshoots applications quickly and autonomously. This will reduce the amount of time developers currently spend finding and fixing production issues.
“Current solutions are data intensive, need continuous upkeep and ultimately have poor developer experiences. In a world where cloud applications are getting more expensive to run and troubleshoot due to complexity, accelerated release cycles, and customer expectations, developers need to be empowered to contribute,” Mr Madigan said.
Is the cost-of-living crisis over? According to the head of Ibec, it never happened
Can power-hungry data centres help our green energy targets?
‘I could have gone to California. At this rate, I probably would have raised about half a billion dollars’
Christmas tech for kids: great gift ideas with safety features for parental peace of mind
“This funding will help us accelerate time to market through increased engineering capacity and kickstart scaling to millions of developers globally.”
- Sign up for Business push alerts and have the best news, analysis and comment delivered directly to your phone
- Find The Irish Times on WhatsApp and stay up to date
- Our Inside Business podcast is published weekly - Find the latest episode here