Israel-Based Serverless Platform Company Nuweba Raises $4.8 Million

By Noah Long • Feb 24, 2019

Nuweba, a Tel Aviv, Israel-based serverless platform technology company, recently emerged from stealth mode and announced it raised $4.8 million in funding. This round of funding was led by Magma Partners and Target Global along with several other investors.

Serverless technology frees up developers to focus their time and expertise on perfecting their applications and business logic without needing to worry about infrastructure. But there are three major obstacles that face serverless technology: speed, security, and visibility. Nuweba helps solve these obstacles.

Nuweba had redesigned serverless from the kernel up with solutions to all three problems. And users can move their functions to Nuweba with just one click. As a result, it is ten times faster and more scalable than existing solutions, which gives serverless functions improved performance with 8-40ms invocation latency without container reuse. Nuweba’s platform is also compatible with all of the major serverless services including AWS Lambda, Microsoft’s Azure Functions, and Google’s Cloud Functions.

Prior to launching Nuweba, CEO Ido Neeman and CTO Yan Cybulski both served in the elite technology unit of the Israel Defence Forces where they oversaw cybersecurity operations. 

“We believe that serverless can and should be the optimal architecture for almost any use case, including user-facing, mission critical or time sensitive apps,” said Neeman in a statement. “Current serverless platforms aren’t fast enough, don’t secure the application layer and offer little visibility. This leads to poor performance and leaves your most valuable assets vulnerable. We knew we could do better. That is why we built Nuweba.”

“The market needed a solution that takes control of your serverless apps, while still enjoying the benefits of abstraction and the team at Nuweba has used their cybersecurity expertise to hone an unparalleled platform,” added Modi Rosen of Magma Partners.