Axiom Launches Machine Data Management
June 10, 2020

Axiom is launching with an enterprise-grade solution to manage and analyze machine data at any scale, across any type of infrastructure.

Axiom gives DevOps teams a cloud-native, serverless solution to store and query their data all the time in one intuitive interface - without the overhead of maintaining and scaling data infrastructure.

DevOps teams have spent a great deal of time and money managing their infrastructure without being able to own and analyze their machine data. Despite all the tools at hand, managing and analysing critical data has been difficult, slow and resource-intensive, taking up far too much money and time for organizations. Based on an object-based datastore, Axiom provides an efficient and effective way to manage machine data and surface insights in real-time at a fraction of the cost and time as current solutions.

Co-founder and CEO Neil Jagdish Patel, commented: "My co-founders, Seif and Gord, and I have been working together for over a decade building widely-used developer products. We created Axiom having experienced first hand the problems today's DevOps teams face managing massive data streams and complex infrastructures. A quarter of our time was spent managing machine data to keep the products running efficiently rather than building new features." Patel continued, "We wanted to approach the problem in a way that fixed the fundamental problems teams were facing. To do that we had to build a cloud-native, object-based solution that provided the flexibility of indexing and querying huge volumes of data while drastically reducing management and infrastructure time and costs." 

In addition to its official launch, Axiom is announcing that it has raised $7m in funding since it was founded in 2017, including a new $4m seed round led by Crane Venture Partners with participation from Fly VC, Mango Capital and LocalGlobe, which led the previous round of funding. Notable angel investors include former Xamarin founder and current GitHub CEO Nat Friedman and Heroku co-founder Adam Wiggins.

Scott Sage, Founder and Partner at Crane Venture Partners added, "Neil, Seif and Gord are a proven team that have created successful products that millions of developers use. We are proud to invest in Axiom to allow them to build a business helping DevOps teams turn logging challenges from a resource-intense problem to a business advantage. Built for today's infrastructure trends of flexible, hybrid environments, Axiom is the best solution for managing today's machine data."

Axiom co-founders Neil Jagdish Patel, Seif Lotfy and Gord Allott, have worked together for more than a decade creating products used by millions of developers. Together, they created Xamarin Insights that enabled developers to monitor and analyse mobile app performance in real-time for Xamarin, the open-source cross-platform app development framework. Xamarin was acquired by Microsoft for between $400 and $500 million in 2016. Before working at Xamarin, the co-founders also worked together at Canonical, the private commercial company behind Ubuntu Project.

Axiom is a fully remote team of 14 people across seven time zones. Two of the three founders are based in the UK (in Manchester and in London) along with the third co-founder based in Berlin. Axiom will use the new funding to build out its product, sales and marketing functions to bring its enterprise-grade solution to the market.

Share this

Industry News

March 28, 2024

Check Point® Software Technologies Ltd. announced a collaboration with Microsoft that utilizes the Microsoft Azure OpenAI Service to enhance Check Point Infinity AI Copilot, marking a significant advancement in cyber security AI applications.

March 28, 2024

ArmorCode announced ArmorCode Risk Prioritization, providing a 3D scoring approach for managing application security risks.

March 28, 2024

AppViewX and Fortanix announced a partnership to offer cloud-delivered secure digital identity management and code signing.

March 27, 2024

WaveMaker has updated its platform in response to customer demand for more sophisticated API and code management tools.

March 27, 2024

Vercara announced the launch of UltraAPI™, a product suite that protects APIs and web applications from malicious bots and fraudulent activity while ensuring regulatory compliance.

March 27, 2024

Legit Security announced the launch of its standalone enterprise secrets scanning product, which can detect, remediate, and prevent secrets exposure across the software development pipeline.

March 26, 2024

Progress announced a strategic partnership with Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, to provide customers with an enterprise-ready cyber defense solution that strengthens the security of their business-critical data.

March 26, 2024

GitGuardian released its Software Composition Analysis (SCA) module.

March 26, 2024

DataStax announced a milestone in its journey to simplify enterprise retrieval-augmented generation (RAG) for developers by integrating with Microsoft Semantic Kernel.

March 25, 2024

Check Point® Software Technologies Ltd. is collaborating with NVIDIA to enhance the security of AI cloud infrastructure. Integrating NVIDIA BlueField DPUs, which feature a broad range of purpose-built, innovative security capabilities, the new Check Point AI Cloud Protect solution will help prevent threats at both the network and host levels.

March 25, 2024

Sentry announced the release of Autofix, an AI-powered feature to debug and fix code in minutes, saving important time and resources.

March 25, 2024

Apiiro announced a product integration and partnership with Secure Code Warrior, the agile developer security training platform, to extend its ASPM technology and processes to the people layer.

March 21, 2024

Progress announced that Progress® Semaphore™, its metadata management and semantic AI platform, was named a Champion in SoftwareReviews’ 2024 Metadata Management Emotional Footprint Awards.

March 21, 2024

The Cloud Native Computing Foundation® (CNCF®) has partnered with Udemy, an online skills marketplace and learning platform.

March 21, 2024

GitLab has acquired Oxeye, the provider of a cloud-native application security and risk management solution.