Israeli app update company vFunction collects $ 12.2 million


0

VFunction built a platform to automatically convert complex Java applications into microservices and help businesses move to the cloud as quickly as possible. VFunction, an Israeli app update company, went undercover and announced the completion of a $ 12.2 million seed funding round led by Shasta Ventures and Zeev Ventures, with the participation of Engineering Capital and Khosla Ventures. VFunction has built a platform to automatically convert complex Java applications into microservices using a scalable and replicable factory model, thus helping companies migrate to the cloud as quickly as possible. The company was founded by CEO of serial entrepreneurs Motti Ravalin, CTO Amir Rapson, and systems engineer Uri Saporta, after their previous company, WatchDox, was acquired by Blackberry in 2015 for $ 100 million. “We have spent more than three years perfecting the vFunction technology to ensure that we help our customers unleash the true value of the cloud for 80% of their cloud workloads that have not yet been used in the cloud.” VFunction provides developers, technology managers, and system engineers the opportunity to increase Business and engineering agility, by enabling and accelerating organizations’ journey to cloud native architecture, without the heavy time, high cost and high risk associated with today’s modernization methods. Posted by Globes, Israel business news – en.globes.co.il – on February 3, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021 Startups Photo: Shutterstock


Like it? Share with your friends!

0

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
Mitchel

0 Comments

Your email address will not be published. Required fields are marked *