Funding Alert

Sedai raises $15 million in Series A funding and plans to open a research and development centre in Kerala


 

Sedai, an autonomous cloud platform for SREs, has raised $15 million in a Series A fundraising round led by Norwest Venture Partners, with participation from Sierra Ventures and Uncorrelated Ventures, for a total of $18.8 million in funding.

With this funding, the firm plans to open a research and development centre as well as a product engineering division in Thiruvananthapuram, Kerala, to expand its ecosystem and support all cloud platforms.

California-based Suresh Mathew (Founder and CEO) and Benjamin Thomas (Co-founder and President) founded Sedai in 2018. Sedai provides the first autonomous cloud management platform that detects and proactively addresses potential production issues, improving performance, ensuring availability, and managing cloud costs.

Funding

According to Suresh Mathew, Sedai’s CEO, Sedai provides SREs with a platform that can act autonomously on their behalf, learn from them, carefully monitor efficacy, and mend and improve in real-time. Thiruvananthapuram’s engineering staff will be the backbone of this product engineering strategy.

Its machine learning algorithm detects signs early, prevents problems, and fixes them before they become serious, all without the need for human interaction. Its efficiency goes up by 93 per cent, and its availability goes up by 99.999 per cent.

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