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Momento Analysis: $15M Raised

What is Momento?

Momento specializes in robust caching solutions designed for real-time applications. Their technology focuses on ultra-low latency and adaptive scalability, ensuring reliable performance during high-traffic events. This capability allows businesses in media, gaming, and fintech to enhance user experiences and maintain operational efficiency.
Employees
11-50
Founded
2021
Industry
SaaS, Cloud Infrastructure
Free Plan Availability
Yes
Is Development Tool
Yes
Latest Funding Amount
$15,000,000
Latest Funding Round Size
$15.0M
Selfserve Signup
Yes

Product Features & Capabilities

  • Cache for key-value data and collections
  • Topics for low-latency messaging across devices
  • Media Storage for high-performance asset delivery
  • Integrations with Redis, DynamoDB, and MongoDB
  • Developer SDKs for seamless migration and performance optimization.

How much Momento raised

Funding Round - $15.0M

Recent

Gtm Strategy

Momento employs a hybrid go-to-market (GTM) strategy that incorporates elements of both product-led growth (PLG) and sales-led approaches.

Upon analyzing the Momento website, several key aspects of their GTM strategy emerged. The homepage prominently features a "Start Free Trial" button, indicating a strong emphasis on self-service signup, which is characteristic of a product-led approach. This allows potential users to engage with the product immediately without the need for a sales representative, reducing friction in the onboarding process. Additionally, there is a "Login" option in the header, suggesting an existing user base that accesses the product directly.

The pricing page is transparent, displaying clear pricing options without requiring users to contact sales, which aligns with a PLG model. However, the presence of case studies and testimonials indicates a structured approach to customer engagement, showcasing the effectiveness of their solutions in enterprise contexts. For instance, testimonials highlight significant performance improvements, suggesting that while they attract individual users, they also cater to larger organizations.

Momento's educational resources, including a blog and documentation, further support a PLG strategy by providing users with self-service learning materials. This investment in user education suggests they aim to empower users to derive value from their product independently.

Overall, Momento's strategy reflects a combination of PLG and sales-led growth, optimizing for rapid user adoption while also addressing the needs of larger clients through structured engagement and support.

Reported Clients

Momento has notable clients including CBS Interactive, ZigZaGame, and Wyze Labs. The relationships with these clients involve significant projects that highlight the effectiveness of Momento's caching solutions. For instance, CBS Interactive's Principal Architect, Edwin Rivera, mentioned that Momento was able to integrate quickly across multiple workflows and outperformed ElastiCache by 15% at half the price. ZigZaGame's CTO, Tom Delorenzi, noted that Momento eliminated Redis cold starts and facilitated their migration to a serverless architecture. Additionally, Wyze Labs' CTO, Tianqiang Liu, reported that they migrated to Momento in less than a month, which boosted performance and increased developer productivity.

Homepage Pricing

  1. On-Demand
  2. Provisioned
  3. Enterprise Edition - Custom plans are available for larger businesses, which include volume discounts and additional features, but these require direct inquiries for specific pricing. The pricing information is presented transparently on their website, with clear details about each option. There is a free tier available under the On-Demand model, which allows users to utilize up to 5 million operations monthly at no cost.

Trade Show Presence

  1. NABShow - April 5, 2025. Momento was a proud sponsor and had a booth at Premier Park, booth number W2801C.
  2. QCon San Francisco by InfoQ - November 18, 2024. The Momento team was honored to be a part of the event.
  3. Believe In Serverless Party - December 3, 2024.

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