Faddom raises $8 million Series A for IT operations platform
Faddom raises $8 million Series A for IT operations platform
The Israeli startup’s platform discovers, visualizes, and protects a company’s entire hybrid IT infrastructure – whether on-premise, virtual, in the cloud, or a hybrid combination of them – in as little as 60 minutes
IT operations startup Faddom announced on Wednesday that it has completed an $8 million Series A funding round with new investor Viola Ventures joining existing investors NFX and angels. Faddom took its total funding to date to over $13 million, raising $4.5 million in a SAFE deal in 2022 and $1.2 million in Seed funding in 2021.
Faddom’s platform discovers, visualizes, and protects a company’s entire hybrid IT infrastructure – whether on-premise, virtual, in the cloud, or a hybrid combination of them – in as little as 60 minutes.
“As veterans of the IT hands-on community, we all here at Faddom feel that the currently available IT infrastructure mapping toolset promoted by a long list of vendors is simply not good enough and notoriously expensive,” Faddom co-founder and CEO Lanir Shacham said. “Faddom is changing this reality. We are providing an extremely high-quality platform that truly helps in the day to day tasks of the upcoming digital decade for a fraction of the cost. No doubt we will be used eventually by every single IT department in the world.”
Faddom collects and visualizes the IT infrastructure information in a single UI that is updated continuously in real time. Faddom then gives a unified view that becomes the organization’s true source of information for ongoing, secure IT operations.
"Faddom has created the fastest, safest, and most affordable way to create a complete blueprint of today's chaotic IT infrastructures,” said Gigi Levy-Weiss, Founding Partner at NFX. “Everyone will now be able to discover, manage, and protect all their IT assets very easily."
With Faddom, users see their first IT infrastructure maps within one hour after deployment. Faddom is used for purposes including IT discovery and documentation, migrations, change management, cost optimization, compliance, and cybersecurity. Faddom’s cybersecurity module includes vulnerability detection (CVEs), user access detection, SSL insights, and traffic anomaly detection.
The company already has hundreds of organizations using the platform including large companies (Coca-Cola, Volkswagen, Pepsi, SolarEdge, Verisk, NRG Energy, and NetApp); small ones in sectors such as healthcare (CHG Healthcare, Skagit Regional Health, and Stannah); government (the Louisiana Secretary of State, Lake County in Florida, and West Mercia Police and Sunderland City Council in the UK); and higher education (Wilmington University, Glasgow Caledonian University, and Brussels University).
