Solo.io Emerges From Stealth to Help Enterprises Move Quickly to Cloud Native Technologies While Protecting Existing Application Investments

CAMBRIDGE, Mass. and SEATTLE, Wash., Dec. 10, 2018 (GLOBE NEWSWIRE) — Today Solo.io, the software company that helps enterprises adopt and operate innovative cloud native technologies, formally launched and unveiled its newest product: Gloo Enterprise, an enterprise grade API gateway based on Solo.io’s popular open source Gloo project. Gloo Enterprise is designed to bring enterprise users to the forefront of modern technologies at the pace that best fits them and supports them in maintaining a competitive edge as new technologies emerge. Solo.io will be showcasing its full suite of tools, including Gloo Enterprise, at KubeCon this week in Booth S/E48.

Today Solo.io also announced $11 million in a Series A funding round led by Redpoint Ventures: https://www.globenewswire.com/NewsRoom/ReleaseNg/2645335

“Helping enterprises easily adopt innovative technologies like microservices, serverless and service mesh is our goal at Solo.io,” said Idit Levine, founder and CEO of Solo.io. “Melding different technologies into one coherent environment, by supplying a suite of tools to route, debug, manage, monitor and secure applications, lets organizations focus on their software without worrying about the complexity of the underlying environment.”​

Digital transformation is a challenge for every organization today. Enterprises are looking for a bridge from their existing way of doing things to the new world of cloud native technologies like microservices, serverless and service mesh. They are struggling to navigate the explosion of options available and are worried about investing heavily in any path that will lead to a dead end.​

Solo.io gives enterprises a clear pathway to the future. Solo.io’s suite of tools allows enterprises to connect the old world of stable, well-tested applications that are hard to change with the newer, flexible world of microservices, serverless and service mesh. New features can be added to existing applications without having to rebuild entire legacy codebases, allowing enterprises to respond to business demands today without first completing painful multi-year transformation programs.

Solo.io’s newest product, Gloo Enterprise, along with Solo.io’s SuperGloo service mesh orchestrator, adds enterprise features including audit controls, single-sign-on and advanced security. Gloo Enterprise enables enterprises to ‘glue’ application components together from different paradigms to create all new functionality and to gradually migrate to multi-cloud at a pace that suits them with the confidence that comes with full enterprise support.

The Solo.io team has extensive expertise in cloud management, microservices, distributed architectures and open source software. Solo.io’s existing open source tools including UniK, Squash, Sqoop, Gloo and SuperGloo have more than 4,000 stars on GitHub between them.​

About Solo.io

Solo.io develops open source and enterprise software that helps enterprises adopt and operate innovative cloud native technologies like microservices, serverless and service mesh. Founded in 2017 in Cambridge, MA, Solo.io is backed by Redpoint Ventures and True Ventures. For more information, visit https://www.solo.io/ or follow @soloio_inc.

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