San Francisco-based self-serve software as a service (SaaS)- based debugging stage Zipy has brought $2.8 million up in a seed round drove by Blume Ventures and founder-focused venture fund Together, as indicated by a press explanation. The round saw support from seed subsidizes BoldCap and FirstCheque, other than investments from a grip of industry veterans including Jyoti Bansal, whose startup AppDynamics was purchased by Cisco for $3.7 billion, and Neeraj Arora, previous WhatsApp’s central business official.
Zipy’s founder and chief executive officer Vishalini Paliwal told ET that the company plans to deepen engagement with developers as part of a community programme to widen the reach of the product. Zipy follows a freemium model, wherein prospects can use the product and test out its features before making a purchase, a route oft-followed by SaaS products.
The fundraise included other entrepreneurs like Deepak Diwakar and Nishant Mungali from MindTickle, Alok Goel, ex-chief operating officer at Redbus and Partner at SAIF, and others.
Zipy, which has its development and product teams in Pune, went live with its platform in mid-March. The SaaS product helps customers execute debugging real-time, monitor errors and offers insights on a unified platform. Upon going live, the product hit the top position on product discovery platform Product Hunt, said the release.
Amid mounting pressure on software developers to ship code everyday, a platform that can cut developer time spent on bugs makes a big difference, said Sanjay Nath, managing partner at Blume. Girish Mathrubootham, chief executive officer of Freshworks and one of the people driving Together, said Zipy has the potential to be a “category creator”. Jyoti Bansal said observability, which means enabling customers to detect and analyse operational metrics of a system or an app, would be key in the future, impacting business outcomes directly.
Currently, over one hundred customers have signed up for the product.
News Summary:
- SaaS start-up Zipy raises $2.8 million in seed funding led by Blume, Together
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