Steadybit Revolutionizes Chaos Engineering with $6M Series A Funding

March 15, 2024, 5:36 pm
steadybit
steadybit
Location: United States, Colorado, East Portal Distributed Camping Area
Employees: 11-50
Founded date: 2019
Total raised: $13.8M
Steadybit, a German company specializing in chaos engineering, has secured $6 million in Series A funding led by Paladin Capital Group. This funding will fuel the company's mission to enhance software reliability through chaos engineering, a crucial practice that fortifies systems against unpredictable online environments.

Steadybit's platform is already trusted by industry giants like Salesforce, ManoMano, REWE Digital, and StackState to safeguard their systems from disruption. By simulating disturbances and potential failures, Steadybit empowers organizations to preempt and mitigate vulnerabilities, ultimately boosting performance and user experience.

In a bold move, Steadybit has introduced a groundbreaking feature called 'Reliability Advice'. This feature constantly monitors system data to identify potential reliability gaps, providing users with actionable instructions to address errors and validate interventions. This empowers users to build libraries of best engineering practices, ensuring top-tier performance and reliability.

Benjamin Wilms, CEO of Steadybit, expressed excitement about the funding and the launch of the 'Reliability Advice' feature. He emphasized the company's dedication to innovation and excellence in chaos engineering, highlighting how this feature will empower customers to proactively manage their systems for optimal performance.

With the support of Paladin Capital Group and existing investors, Steadybit plans to expand its team in product development, engineering, sales, and marketing. This investment solidifies Steadybit's commitment to redefining how organizations approach system reliability, setting a new standard in the world of chaos engineering.