5 SaaS Startups in the IT Infrastructure Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the IT Infrastructure industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in the IT Infrastructure industry.

Mio

Mio is the top supplier of messaging interoperability solutions and is based in Austin, Texas. Mio Universal Channels link users on Slack, Microsoft Teams, and Webex Teams to facilitate cross-company collaboration. Everyone may send files, respond to conversations, and modify messages from their preferred tool by permitting external contacts to talk in Universal Channels. Tom Hadfield and James Cundle started the business, which has received $12 million in funding from backers such as Goldcrest Capital, Eniac Ventures, Two Sigma Ventures, Khosla Ventures, Y Combinator, and Capital Factory. Ready to improve communication together? Install right away at m.io

Company details:
Founders:
James Cundle, Tom Hadfield
Founded:
2013
Based in:
Austin, Texas, United States
Website:
Mio
Industries:
IT Infrastructure, Messaging, SaaS, Unified Communications
Latest funding:
$8,700,000
Series A
9 December 2021
Total funding:
$16,950,000
Investors
Zoom, Y Combinator, Four Cities Capital, Capital Factory, Two Sigma Ventures

OpsLyft

A technological startup called OpsLyft Inc., with offices in San Francisco and Noida, is developing the cloud infrastructure management system of the future for internet enterprises all over the world. The business uses analytics and artificial intelligence to provide insights and automate regular procedures that assist software teams in creating, testing, and deploying any workload on any cloud with minimal downtime and for the least amount of money spent on cloud infrastructure. Our goal is to make cloud administration less complicated for all online businesses worldwide. We are now collaborating with some of the biggest businesses in India, like Inshorts, Innovaccer, Purplle, and Zenoti, and we are quickly growing our footprint in the US. We also have some of the best investors from Silicon Valley and India supporting us.

Company details:
Founders:
Aayush Kumar
Founded:
2019
Based in:
San Francisco, California, United States
Website:
OpsLyft
Industries:
Cloud Management, IT Infrastructure, SaaS, Software
Latest funding:
$500,000
Seed
6 December 2021
Total funding:
$700,000
Investors
Ravish Naresh, Rajesh Yabaji, Anand Chandrasekaran, Abhinav Sinha, Kanav Hasija

Portcast

Portcast makes logistics profitable with accurate demand forecasts. Our proprietary data analytics engine is custom-designed for the logistics industry. The engine ingests combines historical data with real-world uncertainties, continuously identifies patterns in the supply chain that disrupt demand and applies comprehensive machine learning models to dramatically improve prediction results. Portcast is a route-based SaaS platform which provides the customers with both a web interface and an API for easy integration. In short, we turn market volatility into competitive advantage for logistics companies.

Company details:
Founders:
Lingxiao Xia, Nidhi Gupta
Founded:
2017
Based in:
Singapore, Central Region, Singapore
Website:
Portcast
Industries:
Analytics, IT Infrastructure, Logistics, Machine Learning, SaaS, Software, Supply Chain Management
Latest funding:
$3,200,000
Seed
6 September 2021
Total funding:
$3,200,000
Investors
Entrepreneur First, Wavemaker Partners, Innoport, TMV, SGInnovate

Tetrate

Tetrate partners with enterprises in their journey to app modernization. The company is an enterprise-ready service mesh for any workload in any environment. Tetrate's service mesh platform makes it easy for DevOps, security, and network administrators to manage the complexity of modern hybrid cloud application infrastructure.

Company details:
Founders:
Jeyappragash Jeyakeerthi, Varun Talwar
Founded:
2018
Based in:
San Francisco, California, United States
Website:
Tetrate
Industries:
Application Performance Management, Cloud Computing, Developer APIs, Developer Tools, Enterprise Applications, IT Infrastructure, SaaS, Software
Latest funding:
$40,000,000
Series B
10 March 2021
Total funding:
$52,500,000
Investors
Samsung NEXT, Sapphire Ventures, 8VC, Intel Capital, NTT Venture Capital

Viakoo

Today’s enterprises have cyber vulnerabilities caused by thousands of unmanaged and IoT devices that keep their employees and facilities secure, patients alive, office temperatures just right, and perform dozens of other critical functions to ensure the business runs smoothly. If the security of those devices is compromised, the business itself is compromised. Viakoo Action Platform with firmware patching, certificate management, and password enforcement helps protect these device vulnerabilities.

Company details:
Founders:
Bart Nanni, Bud Broomhead, David Nelson-Gal, Manqing Liu, Mark McCourt
Founded:
2013
Based in:
Mountain View, California, United States
Website:
Viakoo
Industries:
Cloud Data Services, Cyber Security, Internet of Things, IT Infrastructure, Physical Security, SaaS
Latest funding:
$10,000,000
Series A
28 October 2021
Total funding:
$11,900,000
Investors
Shasta Ventures, Keiretsu Capital, Keiretsu Forum, Stanley Black & Decker, PivotNorth Capital

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