September 2022

Yet Another Investment in a Cloud Network Monitoring and Cyberdefense Startup

cloud monitoing, cybersecurity, investment, network observability, startup

SynSaber has recently announced a $13 million series A investment. SynSaber is an early-stage cybersecurity and network monitoring company that develops OT visibility and detection solutions for machine learning cloud monitoring and network observability. SynSaber develops vendor-agnostic software for critical cloud and edge infrastructure that allows sending OT data to empower SIEM, SOAR, or MSSP. Cloud edge assets are often targeted by cybercriminals and SynSaber provides a new line of defense and a solution for intelligent cloud monitoring on the edge.

The latest round brings total investment in the startup to $15.5 million. SynSaber is well positioned on the industrial asset and cloud edge and network monitoring market. The company expands its global footprint and gains market momentum.

SynSyber’s  H1-2022 report shows the efficiency of the startup’s solution, which uncovers that 13% of CVEs reported in 2022 have no patch or fix currently available from the vendor, while 34% of CVEs could only be patched after a firmware update. Furthermore, 23% of CVEs require local or physical access to the system. These numbers demonstrate the growing need for sophisticated fully automated machine learning cloud monitoring solutions for edge computing, hybrid and private clouds. Intelligent computing edge and cloud monitoring help timely detect infrastructure issues, including security flaws and misconfiguration issues, and fix them before they are exploited by cybercriminals.

Cloud Monitoring Market Size Worth $8.13 Billion By 2030

cloud monitoing, network observability

Polaris Market Research has recently published a new massive study predicting the future growth of cloud monitoring market size. According to the research firm, the machine learning cloud monitoring and automated network observability solutions market will be worth $8.13 billion by 2030. The same firm estimated the cloud viewability and ML-based monitoring market size at $1.48 billion in 2021,  predicting the future growth of 22.5% CAGR.

Among prominent players in automated cloud monitoring, the report mentions Alibaba Group, Amazon, Google, IBM, Microsoft, Oracle, and some others. The study includes an overview of the cloud monitoring competitive landscape including company financials, revenue, potential, and product features. Polaris Research also discusses emerging technology trends in machine learning and artificial intelligence when deployed to cloud monitoring, opportunities, and gaps in the cloud observability and multi-cloud infrastructure visibility market.

Cloud Monitoring Market Size Increased Twice

cloud monitoing

Market research company Orbis Research reports that the Cloud Monitoring market went from $485 million in 2015 to $820 million in 2020, increasing nearly twice in just 5 years. The study lists some of the cloud monitoring market leaders like CA Technologies, Solarwinds, Dynatrace and Idera, and also shows the effect of COVID-2019 on machine learning and automatic cloud infrastructure monitoring markets.

Other cloud monitoring market leaders include companies like Sevone, Cloudyn, Zenoss, Datadog, Kaseya, Logicmonitor, Opsview. Most of the vendors offer automated cloud monitoring solutions based on artificial intelligence and machine learning to provide visibility into complicated cloud infrastructures and deliver full platform observability for their cloud customers. The report researches important regions including North and South America, Europe, and Asia Pacific.

The report covers various industry segments involved in cloud computing: banking, financial services, and insurance companies; healthcare and life sciences; telecommunications; government and defense; manufacturing. For the global market, Orbis Research predicts further growth of machine learning cloud monitoring, predicting $1,980 million (nearly $2 billion!) global market size in 2025.