Datadog, a NYC-based monitoring platform for cloud applications, raised $31M in Series C funding.
The round was led by existing investor Index Ventures, with follow-on investments from RTP Ventures, OpenView Venture Partners, Amplify Partners and other equity holders.
The new funding will be used to grow engineering, sales and marketing teams and accelerate new product development.
Launched in 2010 by Olivier Pomel, co-founder and CEO, Datadog provides a a SaaS-based data analytics platform that collects data from servers, databases, applications, tools and services to present a unified view of the applications that run at scale in the cloud. The solution enables Dev and Ops teams to work collaboratively on the infrastructure to avoid downtime, resolve performance problems and ensure that development and deployment cycles finish on time.
Datadog currently monitors more than 100,000 servers and supports multiple cloud providers including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, Red Hat OpenShift, OpenStack and numerous other platforms.
It has been adopted by thousands of companies, including Netflix, EA, Spotify, MercadoLibre and AdRoll.