About OpenFaaS
OpenFaaS is a company based in Peterborough (United Kingdom) founded in 2016 by Alex Ellis. It operates as a SaaS. OpenFaaS offers products and services including OpenFaaS, OpenFaaS Pro, and Function Builder API. OpenFaaS operates in a competitive market with competitors including Serverless, Hathora, Galactic Fog, Interactive Powers and serverless, among others.
- Headquarter Peterborough, United Kingdom
- Founders Alex Ellis
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Technology
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- Legal Name Openfaas Ltd.
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Products & Services of OpenFaaS
OpenFaaS offers a comprehensive portfolio of products and services, including OpenFaaS, OpenFaaS Pro, and Function Builder API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Deploys functions to Kubernetes for scalable and portable applications
Offers advanced auto-scaling and monitoring for production functions
Converts code snippets into deployable serverless functions
Funding Insights of OpenFaaS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by OpenFaaS
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OpenFaaS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Openfaas Comparisons
Competitors of OpenFaaS
OpenFaaS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Serverless, Hathora, Galactic Fog, Interactive Powers and serverless, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Serverless frameworks are provided for building AWS-powered applications.
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| domain | founded_year | HQ Location |
A cloud-based gaming platform is provided for developers.
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| domain | founded_year | HQ Location |
Online platform for slot games, bonuses, and user promotions in gambling tech.
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| domain | founded_year | HQ Location |
API frameworks for real-time audio and video communications are provided.
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| domain | founded_year | HQ Location |
Open-source framework for developing and deploying serverless applications on AWS.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about OpenFaaS
When was OpenFaaS founded?
OpenFaaS was founded in 2016.
Where is OpenFaaS located?
OpenFaaS is headquartered in Peterborough, United Kingdom.
What does OpenFaaS do?
OpenFaaS is a platform that simplifies deploying serverless functions and existing microservices to Kubernetes, supporting various programming languages. It enables efficient scaling, event-driven workloads, and tools for ETL and data-pipelines. Based in Peterborough, UK, it serves clients like Waylay and Cognite by offering portable OCI images and features like auto-scaling and monitoring for production use.
Who are the top competitors of OpenFaaS?
OpenFaaS's top competitors include Serverless, Hathora and Interactive Powers.
What products or services does OpenFaaS offer?
OpenFaaS offers OpenFaaS, OpenFaaS Pro, and Function Builder API.