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vFunction Secures $26M In Series A Funding

funding, growth

vFunction has announced $26M in Series A funding led by Zeev Ventures and Hewlett Packard Enterprise. Existing investors who participated in the round include Engineering Capital, Primera Capital, and Shasta Ventures. vFunction plans to use the new investment to drive global expansion, beyond North America and Europe, and into Latin America, while responding to the increased enterprise demand for automated, scalable app modernization initiatives accelerated by massive adoption of the cloud.

vFunction has announced the availability of the vFunction Application Transformation Engine and the expanded vFunction Modernization Platform, with new, advanced capabilities that enable enterprises to automatically assess, analyze, and manage the full modernization and migration process from start to finish.

vFunction’s new Application Transformation Engine (vAXE) and expanded vFunction Modernization Platform (vMP) introduce these new capabilities: Database Dependency Discovery & Analysis, Domain-Driven Observability and Single Pane of Glass to Manage Broad Assessment, Migration, and Modernization.

The new vAXE analysis discovers, detects, and reports on which database tables are used by which services while decomposing a monolith with vFunction and optimizes service decomposition accordingly based on this information. This enables architects to not only extract microservices with minimal database interdependencies, but also plan the modernization of the data layer.

According to the company, vFunction vAXE is the only modernization refactoring solution utilizing deep domain-driven observability via a passive JVM agent to accurately analyze flows, classes, usage, memory, and resources to detect and unearth critical business domain functions buried within a monolith.

Unlike existing modernization assessment and migration tools, the vFunction Modernization Platform now provides a single pane of glass that manages and tracks full cloud migration and modernization projects across an enterprise application estate.