Startups are improving serverless computing across cloud platforms like AWS, Azure, and GCP. From cost management to securitization, these 9 startups are eliminating obstacles for developers and system admins.
Serverless is an emerging trend in cloud computing, allowing developers to quickly build and deploy applications without having to provision or manage cloud infrastructure. With serverless computing, cloud providers charge for the resources consumed by an application, rather than for pre-defined, pre-purchased compute and storage capacity.
While serverless computing does, in fact, use servers to run applications, the removal of server management and capacity planning has given this execution model its name.
According to the CB Insights Market Sizing tool, the serverless computing industry is expected to grow from $1.9B in 2016 to $7.7B by 2021.
But despite the benefits of serverless, it also removes much of the control available in other execution models. Removing complexity for developers and system admins gives more control to cloud providers. As a result, there are a number of companies looking to improve serverless computing as it operates today.
Using the CB Insights platform, we surfaced 9 notable, early-stage startups in the serverless space.
We selected these companies based on their Mosaic score — CB Insights’ algorithm that uses financial and non-financial signals to predict private company health — as well as the recency and size of their disclosed funding. We have listed them in descending order of total disclosed funding.