New funding: Seattle-area database architecture startup Era Software, formerly known as EraDB, raised $15.2 million in a Series A round led by Playground Global.
The tech: Era helps companies manage their cloud-native workloads. Its first product, EraSearch, is built for log management and offers an alternative to Elasticsearch, Logstash, and Kibana. The idea is to reduce cloud hardware and operational costs. EraSearch is in private beta.
Leadership: Era was founded by CEO Todd Persen, co-founder and former CTO of InfluxData, and CTO Robert Winslow, co-maintainer of Google’s FlatBuffers low-latency storage framework in Rust and co-creator of the Time Series Benchmarking Suite.
Investors: Other backers in the 20-person company include Foundation Capital, Array Ventures, Global Founders Capital, and angel investors. Total funding to date is more than $22 million.
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