Startup Middleware Grabs Some Pocket Change in Latest Funding Circus

Cash Influx for Clueless AI

Well, well, well, look who’s passed the hat around and managed to scrape together a few spare millions. Middleware, a startup that’s trying to jazz up the snoozefest that is cloud observability with AI, announced today that they’ve persuaded the suckers at 8VC to cough up $6.5 million in a seed round. Bravo, you’ve joined the lengthy parade of startups with too much funding and not enough common sense.

What This Pitiful Cash-burning Means

Implication-wise, this chunk change that Middleware is celebrating so gloatingly is supposed to go towards making cloud observability less of a nightmare. A noble goal, except for the fact that AI has proven time and time again to be a temperamental child that throws tantrums in the most inconvenient of times.

But yeah, let’s throw more money at it. As either a desperate cry for technological help or a shameless grab for increased profit, 8VC and their fellow investors are likely hoping that Middleware’s approach to cloud management will somehow prove revolutionary. More power to them, I suppose. Just don’t come crying to us when your ‘revolutionary’ technology causes more headaches than it cures.

Hot Take on This Latest Financial Fiasco

So there we have it. Middleware is now stupidly rich (or at least, richer than before) and they’re all set to shove their AI into the glorious cloud observability space. How original. What could possibly go wrong? Everything, probably.

Let’s just hope they don’t completely tank the industry with their overhyped “innovations”. Who am I kidding? We all know they will. Good luck, Middleware. With this harebrained scheme of yours, you’re definitely going to need it.

Original article:https://venturebeat.com/ai/middleware-raises-6-5m-to-simplify-cloud-monitoring-with-ai/