The round saw participation from seed funds BoldCap and FirstCheque, besides investments from a clutch of industry veterans including Jyoti Bansal, whose startup AppDynamics was bought by Cisco for $3.7 billion, and Neeraj Arora, former WhatsApp’s chief business officer. The fundraise included other entrepreneurs like Deepak Diwakar and Nishant Mungali from MindTickle, Alok Goel, ex-chief operating officer at Redbus and Partner at SAIF, and others.
Zipy’s founder and chief executive officer Vishalini Paliwal told ET that the company plans to deepen engagement with developers as part of a community programme to widen the reach of the product. Zipy follows a freemium model, wherein prospects can use the product and test out its features before making a purchase, a route oft-followed by SaaS products.
Zipy, which has its development and product teams in Pune, went live with its platform in mid-March. The SaaS product helps customers execute debugging real-time, monitor errors and offers insights on a unified platform. Upon going live, the product hit the top position on product discovery platform Product Hunt, said the release.
Currently, over one hundred customers have signed up for the product.
Amid mounting pressure on software developers to ship code everyday, a platform that can cut developer time spent on bugs makes a big difference, said Sanjay Nath, managing partner at Blume. Girish Mathrubootham, chief executive officer of Freshworks and one of the people driving Together, said Zipy has the potential to be a “category creator”. Jyoti Bansal said observability, which means enabling customers to detect and analyse operational metrics of a system or an app, would be key in the future, impacting business outcomes directly.
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