Seattle startup Momento, which offers infrastructure tools to help companies speed up software development processes, raised a $15 million Series A round led by Bain Capital Ventures.
The company, founded in 2021 by former Amazon Web Services engineers, enables faster access to databases and facilitates messaging at scale. It also makes it easier to add cloud caching services to a modern cloud stack.
Security camera company Wyze Labs uses Momento to help deliver images to users. ZigZaGame, developer of the popular mobile game Tokyo Debunkers, powers its in-game chats and multiplayer events with Momento tools.
Momento co-founders Khawaja Shams and Daniela Miao previously worked at Amazon Web Services, where they helped scale Amazon DynamoDB, a fully managed database service that powers Amazon.com and Prime Video.
“When you combine our turn-key capacity management that can perform at any scale with the direct-to-device developer experience, Momento delivers the fastest time to market and the most reliable performance at scale,” Shams told GeekWire. “We simply want to make infrastructure get out of the way — whether you’ve got one user or billions.”
Before joining Amazon in 2013, Shams spent more than seven years at the NASA Jet Propulsion Laboratory as a roboticist working on Mars rovers. Miao most recently was a director at Lightstep, which was acquired by ServiceNow.
Other investors in Momento include The General Partnership and individual angels such as former Intuit CTO Marianna Tessel, Confluent co-founder Neha Narkhede, early Amazon security exec Tom Killalea, Flickr CEO Don MacAskill, and former Mozilla CEO John Lilly.
Momento declined to provide details about revenue or profitability. Total funding to date is $30 million. The company has 30 employees.
https://ift.tt/98znA5i July 18, 2024 at 12:00PM GeekWire
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