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Era Software: Raises $15.25M in Series A Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Era Software: Raises $15.25M in Series A Funding

By Steve Sam

April 22, 2021

Era Software, the Seattle, WA-based creatot of EraDB to allow enterprises to manage hyperscale, cloud-native workloads, closed a $15.25m Series A funding
The round, which brought total funding raised to over $22m, was led by Playground Global with participation from existing investors Foundation Capital, Array Ventures, and angel investors
The company will use the capital to further accelerate product development, grow the team, and expand use cases
EraSearch is able to provide fast access to logs in real-time, while ensuring that durable copies of data always live within object storage
The company also today announced a private beta of its EraSearch Cloud product to bring its log management technology to organizations as a managed service
Prior to its Series A, Era Software known as EraDB, which will remain the moniker for the company’s novel time-series architecture

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