Jut Inc

About Jut Inc

Jut Inc. was a San Francisco-based company founded in 2013 by Steve McCanne, who served as the CEO, and Mike Demmer, who was the CTO. McCanne brought significant entrepreneurial experience to the venture, having previously co-founded Riverbed Technology, which grew to a billion-dollar revenue run-rate, and FastForward Networks, which was acquired by Inktomi. Demmer, a UC Berkeley PhD in Computer Science, was part of the founding development team at Riverbed before co-founding Jut.

The company operated in the big data and DevOps analytics market, providing a platform to capture, analyze, and visualize operational data in real-time. It targeted enterprise clients, specifically development and operations teams that needed to make sense of vast amounts of data from disparate sources like logs, metrics, and events. Jut's business model was a hybrid SaaS approach, where customers would set up an account on the Jut.io cloud platform but install software within their own security domain to process the data. Revenue was to be generated based on the volume of data points processed per month.

Jut's core product was a software platform designed to unify real-time streaming data with historical analytics. A key feature was its proprietary dataflow programming language called "Juttle," which allowed users to create complex queries across various operational data types. The platform integrated with common operational tools such as collectD, logstash, and webhooks, and was built to sit on top of open-source big data technologies like Cassandra and Elasticsearch. The primary benefit was to eliminate the need for engineering teams to build their own analytics tools or stitch together multiple commercial products, thus simplifying the process of gaining operational insights.

In November 2013, Jut secured $20 million in a Series B funding round led by Accel Partners, with participation from Lightspeed Venture Partners and Wing Venture Capital. Despite this significant investment and a clear vision to simplify big data analytics for developers, the company eventually ceased operations and is now considered deadpooled.