Company:Runecast

From HandWiki
Runecast Solutions Ltd.
TypePrivate company
IndustryAnalytics, Information technology, Virtualization, Software[1]
FoundedAugust 1, 2014 in London[2]
Founders
  • Stanimir Markov, CEO
  • Aylin Sali, CTO
  • Ched Smokovic, CRO
  • Constantin Ivanov, Head of R&D
  • Ionut Radu, Technical Partnerships Manager[3]
HeadquartersLondon, U.K.
Area served
Worldwide
ProductsRunecast Analyzer
Websitewww.runecast.com

Runecast Solutions Ltd. is a software development company that produces what is called a "holistic enterprise platform" for managing, securing, and compliance auditing of information and communications technology (ICT) environments.[4]

History

Runecast was founded in 2014 by Stanimir Markov, Aylin Sali, Ched Smokovic, Constantin Ivanov, and Ionut Radu, all of whom have prior experience working in VMware and ICT environments.[5] In 2015, Runecast Analyzer was developed. In 2016 Runecast raised €1.6 million in seed money.[6] In 2019 Runecast received €1.9 million in EU funding to help develop RAIKA, its A.I. enabled knowledge analysis automation.[7]

Technology

Any given ICT system has a set of rules it must follow. Depending on whether or not an ICT system is housed in cloud, on-premises, or hybrid cloud environments, that system is required to follow a given set of rules. The rules include knowledge base articles, best practices, technical specifications, security guidelines, and forum posts.[8]

Runecast AI, called Runecast Artificial Intelligence Knowledge Automation (RAIKA) converts an ICT system's rules into machine-readable data.[9] Runecast's patented rules engine processes this "machine-readable data," analyzes configurations and logs within systems environments, and delivers IT system admins with fit-gap analysis reports.[10]

Reception

Listed from earliest to most recent.

  • In 2019, IDG Connect named Runecast one of “20 Red-Hot, Pre-IPO Companies to Watch in the 2019 B2B Tech” space.[11]

References

  1. "About Runecast Solutions". Crunchbase. https://www.crunchbase.com/organization/runecast. 
  2. "About Runecast". Crunhbase. https://www.crunchbase.com/organization/runecast. 
  3. "The Runecast Management Team". Runecast. https://www.runecast.com/management-team. 
  4. Lee, Brandon. "Runecast 6.1: Issue policy for IT security and compliance auditing". 4 sysops. https://4sysops.com/archives/runecast-61-issue-policy-for-it-security-and-compliance-auditing/. 
  5. Arboleda, Nico. "Rhipe adds analytics software vendor Runecast". CRN. https://www.crn.com.au/news/rhipe-adds-analytics-software-vendor-runecast-558834. 
  6. Keane, Jonathan. "Predictive analytics startup Runecast raises €1.6 million". Tech EU. https://tech.eu/2017/03/31/runecast-e1-6-million. 
  7. "A.I. enabled knowledge analysis automation to increase resilience, security and performance of Enterprise ICT systems.". Cordis Europa. https://cordis.europa.eu/project/id/874184/reporting. 
  8. Zorz, Zeljka. "How to empower IT Sec and Ops teams to anticipate and resolve IT problems". Help Net Security. https://www.helpnetsecurity.com/2022/03/01/platform-it-sec-ops/. 
  9. "G2 Spring 2022 Reports Rank Runecast ‘High Performer’ with ‘Best Support’". Yahoo! Finance. https://finance.yahoo.com/news/g2-spring-2022-reports-rank-070000771.html. 
  10. "Q&A with Runecast: Runecast Analyzer Helps CIOs & System Admins Monitor, Secure & Optimize Hybrid-Cloud". SourceForge. https://sourceforge.net/articles/qa-with-runecast-runecast-analyzer-helps-cios-system-admins-monitor-secure-optimize-hybrid-cloud/. 
  11. Veitch, Martin. "20 Red-Hot, Pre-IPO companies to watch in 2019 B2B tech - Part 1". IDG Connect. https://www.idgconnect.com/article/3580822/20-red-hot-pre-ipo-companies-to-watch-in-2019-b2b-tech-part-1.html.