Dataloop.IO Raises $5M in Series A Funding Round

dataloop-logo_jpgDataloop.IO, a San Francisco, CA-based provider of a cloud IT-monitoring platform, raised $5m in Series A financing.

Backers included Battery Ventures and Open Ocean Capital.

The company, which had previously raised $1.2m in seed funding, will use the funds to ramp up product development, sales and marketing.

Co-founded by CEO David Gildeh, Steven Acreman and Colin Hemmings in UK, Dataloop.IO is developing cloud monitoring software required for microservices and DevOps. The product, already in use with customers such as, BBC Worldwide and Criteo, aims to make cloud monitoring a self-service platform that many people in an organization can use.



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