Speedscale – Why Sierra Ventures Invested

We’re excited to announce our investment in Speedscale’s Seed Round

Speedscale is an Atlanta-based company that helps prevent production incidents with unique testing automation for modern applications that are built on distributed architecture.

Too many code releases fail because distributed architectures are complex to test and rely on too many dependencies from other application endpoints, APIs, and external services. As such, companies waste a lot of time and money to “replicate” environments to avoid code release failures. Infrastructure failures can cost large enterprises as much as $140,000 per hour on the low end, $300,000 per hour on average, and as much as $540,000 per hour on the high end. In some industries, like finance or healthcare, the average cost of downtime is $5M per hour.

Speedscale helps programmers automatically test distributed applications by creating a “virtual” environment that is a digital twin of the real environment. Their product initially records all interactions in a Kubernetes managed application and then uses past traffic to test every service across customers’ environments. 

This has two tremendous benefits for the developer. First, it decouples teams from each other and they can develop and release at their own speed. Secondly, if a service that is in development goes down, it does not bring testing of a dependent service to a halt. While existing tools record browser interactions or use AI to generate a set of UI tests, Speedscale is unique in that they create a live digital twin of a running environment which massively speeds up testing.

We’re excited to work with the phenomenal Speedscale team. The founders, Ken Ahrens, Matthew LeRay, and Nate Lee, have a long history of working together – nearly 20 years. They’re alumni of Georgia Tech and previously worked together at infrastructure companies iTKO and NewRelic. 

As the industry continues to move towards distributed architectures, testing becomes more complex due to increasing levels of dependencies. Speedscale addresses this trend with new automated testing infrastructure which saves companies time and money. 

We partnered with Atlanta-based Tech Square Ventures on the investment and are looking forward to working with them as well.

We are excited to join and support the Speedscale team on this journey! 

Sri joined Sierra Ventures in 2020 and focuses on investments in enterprise SaaS, AI/ML, and Big Data. Prior to joining Sierra, Sri reported on business and tech at The Economist and co-founded an NLP startup that aimed to improve the writing process. She conducted research on information warfare for the 26th National Security Advisor and worked on human rights issues at the US Department of State. Sri also spent time at Cornerstone Research, the World Bank, Reserve Bank of India, and the US Federal Reserve. Sri holds both a BA in Economics and an MS in Management Science and Engineering from Stanford University, where she was a Threshold Ventures Entrepreneurial Leadership Fellow. Outside of work, Sri enjoys writing and traveling, and she’s had brief stints living abroad in Muscat, Istanbul, Bombay, and London.

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