Media coverage
Global VC firm Antler has invested US$110,000 in pre-seed funding in NEBU
Author
August 16, 2024
Original article https://e27.co/antler-invests-ai-driven-devops-as-a-service-platform-nebu-20240815/
Antler invests in AI-driven DevOps-as-a-service platform NEBU
NEBU's solution automates the detection and remediation of cloud misconfigurations, ensuring continuous and secure cloud operations
Singapore-based global VC firm Antler has invested US$110,000 in pre-seed funding in AI-driven DevOps-as-a-Service platform NEBU as part of its Malaysia Residency programme.
The startup will use the capital to develop its platform, enhance its AI models, and fund its go-to-market strategy.
Cloud misconfigurations present significant challenges and risks, including security vulnerabilities, data breaches, and increased operational costs. These misconfigurations can result in downtime, loss of customer trust, and substantial financial losses.
NEBU’s solution aims to mitigate these risks by automating the detection and remediation of cloud misconfigurations, ensuring continuous and secure cloud operations.
The startup’s primary customers are cloud-native companies. By leveraging expert AI, NEBU automates all DevOps infrastructure activities, reducing the costs associated with monitoring and maintaining cloud environments. This enables businesses to focus on creating value, while NEBU augments their capabilities of cloud infrastructure management efficiently.
Recently, Antler announced the final close of its second Southeast Asia fund, worth US$72 million. Fund II will continue investing in early-stage tech-enabled companies in the region with pre-launch, pre-seed, and seed capital.
Over the next six to nine months, it targets to invest US$27 million in 45 early-stage startups. Part of the funding will also support startups formed during Antler’s residency programmes in Singapore, Indonesia, Vietnam, and Malaysia.