Serverless computing is a new paradigm that is rapidly gaining popularity in Cloud computing. One unique property in serverless computing is that the unit of deployment and execution is a serverless function, which is much smaller than a typical server program. Serverless computing introduces a new pay-as-you-go billing model and provides a high economic benefit from highly elastic resource provisioning. However, serverless computing also brings new challenges such as (1) long start-up times compared to relatively short function execution times, (2) security risks from a highly consolidated environment, and (3) memory efficiency problems from unpredictable function invocations. These problems not only degrade performance but also lower the economic benefits of Cloud providers.