PagerDuty (YC S10) Raises $10.7M From Andreessen Horowitz For IT Alert Service
techcrunch.com
techcrunch.com
More startups should do business to business IMHO.
Agreed. B2B is the space we're playing in at Fogbeam. Specifically, Open Source Enterprise Software at the intersection of Knowledge Management, Collaboration and BPM. We think most "enterprise social software" is a fairly useless replacement for / complement to, email. We're aiming for actually integrating "social" software into workflows and processes in a way that adds real value.
Maybe it's just me, but I honestly find consumer facing apps kinda boring. I see the enterprise space as having more interesting challenges to solve and fun problems to deal with, as opposed to creating the next "share pictures of cats doing silly stuff" site. :-)
Anyway, it's interesting to see this news, as we're not trying to raise money right now; but I was talking to somebody from a16z just yesterday and said "if we were trying to raise, we'd probably be trying to talk to you guys". They seem more specifically interested in the enterprise space than any other VC firm I'm familiar with.
Unfortunately we're on the East Coast (RTP, NC), and the a16z partner said that, while they are open to doing deals here, they would probably only do a follow-on round after local VCs. Which, to be fair, I can totally understand that.
That said, our hope is that we can bootstrap to profitability without ever taking outside money at all, but that may or may not prove to be realistic.
Also, thanks for you work on Redis and your essays (such as this one[1]). These are helping many startups reach needed scalability and fault tolerance.
Congrats guys!
Huh, what? One hour of outage for who? What? Context is everything.
Also, this looks really good, but... what does this offer beyond coalescing of alerts that almost any 'enterprise' level monitoring software does?
I'm curious as to how there's $11M worth of work involved in this product needed - plus the $18-36/month/user for ongoing costs.
Others: Our phone and SMS alerts read the text of the alert to you, and you can ack/resolve/escalate right from there. Centralized management of all alerting If you lose a rack, we wake you up and tell you you have a thousand incidents, we don't page you a thousand times (and DoS your phone in the process) Super-simple drag-and-drop scheduling Easy multi-timezone rotations Fantastic REST API
Happy to elaborate if you're interested - email is in profile.
Also - we have an iPhone app now! It's in the App Store.
So their competition is actual pagers IMHO.
Rackspace generates $1.2x billion in sales with about half that many total employees (not just on their engineering team). By most accounts I've seen, AWS is around a billion in sales as well.