Seattle-area startup Momento got here out of stealth mode Wednesday, asserting a $15 million seed spherical led by Bain Capital that may assist the year-old firm develop its “serverless cache” software program product.
Momento co-founders Khawaja Shams and Daniela Miao beforehand labored at Amazon Internet Companies, the place they helped scale Amazon DynamoDB, a completely managed database service that powers Amazon.com and Prime Video.
Shams and Miao teamed up in 2021 to launch Momento, a backend-as-a-service product that permit builders so as to add a cache to their cloud stacks with 5 strains of code. The concept is to make it simpler so as to add cloud caching companies to a contemporary cloud stack, and cut back cloud-related bills.
“Momento goals to fill the lacking items within the serverless period — and empowers clients by changing a posh caching stack with a easy abstraction,” Shams stated in a press release.
Momento is constructed to assist databases operating on Amazon Internet Companies or Google Cloud Platform. Its clients embrace CBS, NTT Docomo, and Wyze Labs.
Earlier than becoming a member of Amazon in 2013, Shams spent greater than seven years on the NASA Jet Propulsion Laboratory as a roboticist engaged on Mars rovers. Miao most just lately was a director at Lightstep, which was acquired by ServiceNow final yr.
Different traders embrace The Common Partnership and particular person angels reminiscent of Intuit CTO Marianna Tessel, Confluent co-founder Neha Narkhede, early Amazon safety exec Tom Killalea, Flicker CEO Don MacAskill, and former Mozilla CEO John Lilly.
Momento has 25 staff.