Blue Matador Closes $3.1 Million in Funding
July 10, 2019
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Blue Matador announced the closing of $3.1 million in Seed funding Led by Peterson Ventures, with participation from new investors Prelude Venture Fund, SaaS Ventures, and Forward Venture Capital along with existing investors Trilogy Partners and Cobre Capital.

The funding will accelerate Blue Matador’s momentum in monitoring Cloud infrastructure for Agile DevOps teams focused on driving innovation in their organization. More than 20 recognized enterprise brands already use Blue Matador to monitor their infrastructure at scale, including NIKE, Deloitte, and Vivint Smart Home.

“With the recent advancements in machine learning, why does setting up and maintaining comprehensive Cloud monitoring and alerting remain such a manual and tedious process? This was the question I asked myself after spending over a decade as a DevOps engineer working for several high-growth companies,” said Matthew Barlocker, founder and CEO of Blue Matador. “Blue Matador was founded to completely eliminate the need to manually configure monitoring alerts or stare mindlessly at graphs and dashboards. It automatically identifies all Cloud resources and sets up hundreds of dynamic alerts out-of-the-box, saving DevOps teams time, while enabling them to focus on the rapid deployment of new features that improve their customer’s experience.”

“The proliferation of Cloud services has enabled developers to rapidly develop and deploy new features, but this often comes at the cost of system stability,” said Randall Lloyd, Partner at Peterson Ventures. “Fast moving, agile teams just don’t have time or capacity to invest time into configuring and maintaining a monitoring tool to ensure that their systems are healthy. Blue Matador has succeeded in not only building a solution that addresses this pain, but an expert team that is intimately familiar with these challenges. We are excited to partner with Blue Matador and support their continued growth.”

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