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Serverless Stack raises $1M for open-source application framework

TechCrunch

Open-source framework startup Serverless Stack announced Friday that it raised $1 million in seed funding from a group of investors that includes Greylock Partners, SV Angel and Y Combinator. Serverless Stack’s technology enables engineers to more easily build full-stack serverless apps.

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DigitalOcean enhances serverless capabilities with Nimbella acquisition

TechCrunch

As developers look for ways to simplify how they create software, serverless solutions, which enable them to write code without worrying about the underlying infrastructure required to run their applications, is becoming increasingly popular. Spruill said that this wasn’t the company’s first foray into serverless.

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Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS

TechCrunch

Webiny , an early-stage startup that launched in 2019 with an open-source, serverless CMS, had also developed a framework to help build the CMS, and found that customers were also interested in that to help build their own serverless apps. Serverless and containers: Two great technologies that work better together.

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Supabase raises $6M for its open-source Firebase alternative

TechCrunch

Supabase , a YC-incubated startup that offers developers an open-source alternative to Google’s Firebase and similar platforms, today announced that it has raised a $6 million funding round led by Coatue, with participation from YC, Mozilla and a group of about 20 angel investors. Some of them we built ourselves.

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Aqua Security raises $135M at a $1B valuation for its cloud native security service

TechCrunch

Aqua Security , a Boston- and Tel Aviv-based security startup that focuses squarely on securing cloud-native services, today announced that it has raised a $135 million Series E funding round at a $1 billion valuation. But enterprises are also now looking at serverless and other new technologies on top of this new stack.

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Supabase raises $80M Series B for its open source Firebase alternative

TechCrunch

Supabase , which bills itself as an open source alternative to services like Google’s Firebase , today announced that it has raised an $80 million Series B funding round led by Felicis Ventures. Coatue and Lightspeed also participated in this round, which brings the company’s total funding to date to $116 million.

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Storm in the stratosphere: how the cloud will be reshuffled

Erik Bernhardsson

Here's a theory I have about cloud vendors (AWS, Azure, GCP): Cloud vendors 1 will increasingly focus on the lowest layers in the stack: basically leasing capacity in their data centers through an API. Redshift at the time was the first data warehouse running in the cloud. 5 And what does that mean for other cloud products?

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