Qpoint: $4 Million (Pre-Seed) Raised To Help Companies Take Control Of External APIs

By Amit Chowdhry ● Nov 4, 2024

Qpoint announced it closed $4 million in pre-seed funding led by Mango Capital with participation from Preface Ventures, Scribble Ventures and Bloomberg Beta.

Qpoint utilizes next-generation eBPF technology to give platform teams and operators unmatched visibility and control over their applications’ critical external dependencies and traffic flows, enhancing reliability, maximizing productivity, and safeguarding sensitive data. The funding will be used to further product development and meet rising demand.

Modern production applications depend on various external services to deliver features necessary to meet business objectives. And this powers innovation and reduces time to market, but introduces unpredictable operational challenges and potential security risks for ops teams. Plus, the lack of specialized tooling for managing dependencies and external traffic can result in prolonged outages due to vendor issues, countless hours wasted on troubleshooting, and unintended exposure of sensitive data. Home-grown proxy-based solutions create single points of failure, add certificate management overhead, and increase security risks.

Qpoint addresses how companies oversee their external integrations by offering ops teams a purpose-built solution that delivers real-time, granular visibility and control over traffic flow. Using eBPF technology in the Linux kernel, Qpoint taps directly into the request flow between the primary applications and their external dependencies, providing unparalleled insights without impacting performance or requiring data to leave the environment. This enables teams to boost reliability, streamline troubleshooting, reduce cloud spend and minimize security risk with minimal operational hassle.

With founding members from Shopify, Instacart, DigitalOcean, Hashicorp, and NS1 (acquired by IBM), the Qpoint team has a history of success building software and scaling operations for globally influential technology companies.

KEY QUOTES:

“Modern applications are highly dependent on the stability of external services in order to run smoothly. When you can’t easily see or control those connections, vendor issues become your interruptions and you waste countless hours trying to resolve reliability and security problems in the dark. By delivering comprehensive visibility and control over your applications’ interactions with their external dependencies, Qpoint becomes a game changer for platform teams and site reliability engineers.”

  • Tyler Flint, co-founder and CEO of Qpoint

“Modern applications increasingly rely on a myriad of external services, which drastically increases management complexity and system reliability. Qpoint’s novel approach leveraging eBPF and seamlessly integrating with existing solutions is a breakthrough for managing third-party dependencies and traffic flows.”

  • Robin Vasan, founder and general partner at Mango Capital

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