Tech Company Financing Transactions
Steadybit Funding Round
Steadybit, based in Solingen, scored $6 million from Paladin Capital Group, Angular Ventures and Boldstart Ventures.
Transaction Overview
Company Name
Announced On
3/11/2024
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Proceeds Purpose
The new funding will be support Steadybit in growing the team in product development, engineering, sales, and marketing, further solidifying Steadybit's commitment to innovation and excellence in chaos engineering.
Company Information
Company Status
Private & Independent
Industry
Engineering
Mailing Address
Hochstraße 11
Solingen, 42697
DE
Solingen, 42697
DE
Phone
Undisclosed
Website
Email Address
Overview
Developer of a chaos engineering platform designed to protect customers from serious failures and errors in production. The company's platform analyzes software systems and tests their resilience with the help of suitable experiments as well as helps to proactively reduce downtime and provide visibility into systems to detect issues along with finding weak spots in the system safely and securely, enabling clients to identify faults, save time and increase the system security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Wilms
Chief Operating Officer
Dennis Schulte
Co-Founder
Johannes Edmeier
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