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Verelo

The business, the turning points, and the decisions behind them.

Founded2012
Event year2012
Cash burnedUS$200K
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Verelo was a Toronto-based website monitoring startup founded in early 2012 by Andrew McGrath and Michael Curry. It provided uptime and performance analytics, malware detection and site health monitoring, checking customers' websites from multiple locations around the world and notifying them of downtime or errors by SMS, phone or email. The company launched publicly in June 2012 after graduating from Toronto's Extreme Startups accelerator.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Verelo was founded in Toronto by Andrew McGrath and Michael Curry upon being accepted to the Extreme Startups accelerator, launching publicly in June 2012.

  2. Shutdown announced

    In mid-December 2012, Verelo announced it would shut down and return its remaining funding to investors, citing insufficient traction and funding.

  3. Acquired by Dyn

    Dyn, the internet infrastructure-as-a-service company, acquired Verelo's uptime and performance monitoring business; Dyn did not plan to sell Verelo's services but offered the tools as a free service to its customers. Verelo was rolled into Dyn's service offering in 2014.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.