Datadog, a NYC-based monitoring platform for cloud applications, raised $94.5m in Series D funding.
The round was led by Iconiq Capital with participation from existing investors Index Ventures, OpenView Ventures, Amplify Partners, Contour Ventures and others.
The company intends to use the funds for research and development of new product offerings and expansion of global operations in Europe, Asia and the Americas.
Launched in 2010 by Olivier Pomel, co-founder and CEO, Datadog provides a SaaS-based data analytics monitoring service that brings together data from servers, databases, applications, tools and services to present a unified view of the applications that run at scale in the cloud. The platform, which enables Dev and Ops teams to work collaboratively to avoid downtime, resolve performance problems and ensure that development and deployment cycles finish on time, integrates monitoring and web operations data from more than a hundred commonly-used application technologies, tools and infrastructure platforms.
Customers include thousands of enterprises, including Twilio, Airbnb, Netflix, EA, Spotify, Warner Bros. Games and AdRoll.