Koyeb raises $1.6 million for its serverless data processing engine – TechCrunch
french startup Koyeb raised a $1.6 million (€1.4 million) pre-seed round. The company focuses on data processing workflows across multiple cloud providers. It hides many complexities by using a serverless model.
ISAI’s Jean-David Chamboredon and Juliette Mopin lead the round with Plug and Play Ventures, Kima Ventures, AceCap and a long list of business angels also present, such as Zachary Smith, Justin Ziegler, Alexis Lê-Quôc, Sébastien Lucas, Marc Jalabert, Amirhossein Malekzadeh, Philippe Besnard, Eric Ouisse, Dominique Vidal and Fabrice Bernhard.
Koyeb believes enterprises will leverage the best cloud-native APIs and storage services in the future. In order to combine these different providers, Koyeb provides the serverless glue that ties everything together.
For example, you can store videos on object storage managed by DigitalOcean, transcribe the audio from those video files to Google Cloud using Google Text-to-speech API and save the results to another object storage bucket.
You can move and process data based on a fixed schedule or based on events. For example, when there is a new file, you can trigger Koyeb with an API call. Everything scales automatically to process your task. And once your workflow is complete, you are no longer charged for execution time.
Koyeb supports many different storage providers, such as AWS, Google Cloud, Microsoft Azure, Wasabi, Backblaze B2 as well as object storage products from DigitalOcean, Linode, Scaleway, Vultr, etc.
The company also worked on a feature that allows you to deploy your own Docker container so you can build your custom functions. You can also push your function directly from GitHub.
This way you don’t have to start new servers and shut them down later. You don’t have to manage your cloud infrastructure using Terraform and Kubernetes, because Koyeb abstracts your infrastructure for you.