Librato Closes $3.8M Series A Funding

Librato, Inc., a San Francisco, California-based provider of a monitoring data analytics service, closed a $3.8M Series A round of funding.

The round was led by Baseline Ventures, Harrison Metal and Cowboy Ventures, with participation from existing angel investors. Steve Anderson, founder of Baseline Ventures, joined Librato’s board in conjunction with the funding.

The company intends to use the funds to enhance its product offerings and expand adoption of its solutions.

Launched in March of 2012 and led by Fred van den Bosch, CEO, Librato offers a cloud-based monitoring platform for development and operations teams to monitor the metrics and events of their application deployments. Users can build custom charts/dashboards, annotate them with one-time events, and set threshold-based alerts. It supports collaboration through multi-user access, private dashboard links, PNG chart snapshots, and integration with third-party services including PagerDuty, Campfire, and HipChat.
The company has over 500 customers including Coursera, Heroku, Moz, and Wooga.

FinSMEs

26/07/2013

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