CopperEgg™ Secures $2 Million to Bring Real-Time Analytics to the Cloud

CopperEgg™ Secures $2 Million to Bring Real-Time Analytics to the Cloud

RevealCloud High-Frequency Data Sampling Redefines Performance Monitoring Paradigm

AUSTIN, Texas, July 12, 2010CopperEgg, Corp., the real-time analytics company, today announced $2 million in Series A funding and the launch of RevealCloud™, a SaaS-based performance monitoring solution that helps companies accelerate the delivery of applications and services across public and private clouds. RevealCloud is the latest addition to CopperEgg’s suite of real-time performance monitoring solutions, including RevealStorage™, launched earlier this year to help IT organizations optimize the efficiency of critical datacenter resources.

Silverton Partners led the first-round investment in the company, which includes the appointments of Kip McClanahan and Morgan Flager to CopperEgg’s board of directors. The company is led by software industry veteran CEO Scott Johnson, founder of Thomas-Conrad Corporation (acquired by Compaq Computer in 1995) and Surgient Networks (acquired by Quest Software in 2010).

According to IDC, spending on public IT cloud services is expected to grow at a compound annual growth rate (CAGR) of 27.6 percent from $21.5 billion in 2010 to $72.9 billion in 2015. As new economics, technologies and consumption models drive the adoption of cloud computing, CopperEgg is addressing one of the biggest challenges IT organizations face in utilizing these services – lack of visibility and control over the infrastructure used to manage them.

RevealCloud provides split-second monitoring of the operating and performance metrics of cloud instances that support critical application services, enabling customers to accelerate time to market during the development phase, optimize deployments as they learn customer usage patterns, and identify early warning signals of service degradation.

In a world where a few minutes of downtime can translate into millions of dollars in lost revenue, companies can no longer afford to stand by passively, wondering how their applications and services are performing in the cloud until they hear it from a customer,” said Chad Bockius, CEO of Socialware. “RevealCloud provides an invaluable cloud performance monitoring solution for companies who use the cloud to deliver customer facing applications, host their own critical IT services, or need visibility across both environments simultaneously.”

RevealCloud – How It Works

In contrast with legacy performance monitoring solutions that conduct polling in 1-5 minute intervals, RevealCloud is purpose-built to provide actionable analytics in just seconds, or less. The solution leverages rapid deployment; a highly distributed data collection model; the extreme speed and scalability of a NoSQL schema-free database; and real-time visualization with click-through analytics.

Key benefits of the cloud monitoring solution include:

  •     Installs in seconds – no configuration required; users just copy and paste a single command into their systems
  •     High sampling rate – provides deeper, richer performance detail, resulting in:
  •    Data amplification – detects performance-degrading spikes (CPU and memory utilization, network I/O, storage capacity, CPU wait index, blocked processes) legacy monitoring solutions cannot because they are averaged-out in longer sampling intervals
  •     Alert acceleration – reduces the time between an event occurring and an alert being sent to the IT/DevOps teams
  •     Resource optimization – provides more accurate auditing and accounting of resource utilization related to cloud-vendor SLA’s
  •     Supports hybrid cloud environments - including multiple cloud vendors, virtual/physical datacenter resources

The definition of big data revolves around the management and rapid analysis of large volumes of information,” said Scott Johnson, CEO of CopperEgg. “As more companies bet their bottom line on being able to capture, manage and process large data sets faster and cheaper than their competitors, they will need decision support tools that can keep up with the pace. RevealCloud helps companies optimize the health – and revenue potential – of big data resources by providing instantaneous insights into the most critical IT and business performance metrics.”

Together, RevealCloud and RevealStorage provide CopperEgg customers end-to-end monitoring from the cloud to the datacenter, across virtual and physical IT environments, helping them isolate and solve critical performance problems before they impact application service delivery.

It’s exciting that CopperEgg is willing to prove its value to customers by delivering a real product for free,” said Kip McClanahan with Silverton Partners. “I’m thrilled to be working closely with such a talented team that is passionate about using an innovative model to bring next-generation IT management services to market.”

Advanced features will be available on a tiered-pricing basis for a monthly subscription, with discounts provided for annual commitments.

For more information, visit http://copperegg.com.

 About CopperEgg

CopperEgg gets deep inside your storage network, file servers and cloud instances to make sure everything runs as it should. Our SaaS-based performance monitoring applications, including RevealStorage and RevealCloud, are purpose-built to provide split-second insights, require zero-configuration and install in seconds-to-minutes, providing fine-grained visibility, decision support and value for organizations of all sizes. CopperEgg is backed by Silverton Partners and based in Austin, Texas. For more information, visit: www.copperegg.com.

About Silverton Partners

Silverton Partners is an early stage venture capital firm based in Austin, Texas. Silverton collaborates with exceptional entrepreneurs who are committed to attacking growth markets with cutting-edge products or services. The principals of Silverton Partners have over two decades of venture experience in IT infrastructure and management software, having been the start-up investors in Tivoli Systems (IPO/acquired by IBM), Motive Communications (IPO/acquired by Alcatel-Lucent), Waveset (acquired by Sun Microsystems) and SailPoint (privately held).

Source/s: Foliocom.com/CopperEgg Corp

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Sorry, comments are closed for this post.

Comics

At CloudTweaks, we're plugged into the cloud, the internet of things and all that the web has to offer. From wearable technology, to mobile computing, cloud computing and big data, CloudTweaks is your source for updates and news on the most innovative technology.

Popular

Top Viral Impact

Big Data Analytics Adoption

Big Data Analytics Adoption

Big Data Analytics Adoption Big Data is an emerging phenomenon. Nowadays, many organizations have adopted information technology (IT) and information systems (IS) in business to handle huge amounts of data and gain better insights into their business. Many scholars believe that Business Intelligence (BI), solutions with Analytics capabilities, offer benefits to companies to achieve competitive…

2014 Future Of Cloud Computing Survey Results

2014 Future Of Cloud Computing Survey Results

Engine Yard Joins North Bridge Venture Partners, Gigaom Research and Industry Collaborators to Unveil 2014 Future of Cloud Computing Survey Results SAN FRANCISCO, CA–(Marketwired – Jun 25, 2014) – Engine Yard, the leading cloud application management platform, today announced its role as a collaborator in releasing the results of the fourth annual Future of Cloud Computing Survey,…

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

Cloud Infographic – The Future (IoT)

Cloud Infographic – The Future (IoT)

The Future (IoT) By the year 2020, it is being predicted that 40 to 80 billion connected devices will be in use. The Internet of Things or IoT will transform your business and home in many truly unbelievable ways. The types of products and services that we can expect to see in the next decade…

Cloud Computing Offers Key Benefits For Small, Medium Businesses

Cloud Computing Offers Key Benefits For Small, Medium Businesses

A growing number of small and medium businesses in the United States rely on as a means of deploying mission-critical software products. Prior to the advent of cloud-based products — software solutions delivered over the Internet – companies were often forced to invest in servers and other products to run software and store data. The…

Featured Sponsors

The Internet of Everything Opens Up The World

The Internet of Everything Opens Up The World

Shaping The World With New Technologies As a connected collection of intelligent objects, the Internet of Everything promises to open up those areas of the world hardest hit by economic, political and agricultural blights. Relatively inexpensive devices, paired with revolutionary energy sources and unprecedented access to information offer great promise to farmers and workers in…

2015 Advertising Opportunities - Find Out More!

Cloud Logo Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021

Join Our Newsletter