Scalyr, a San Mateo, CA-based log management and server monitoring service, raised $20m in Series A funding.
The round was led by Shasta Ventures with participation from earlier investors Bloomberg Beta, Susa Ventures and Heroic Ventures.
The company intends to use the funds to scale up sales and marketing efforts and expand its engineering and product teams.
Led by Founder and CEO Steve Newman, Scalyr offers a cloud-based platform for high-speed log management and server monitoring. In real-time, the solution aggregates a company’s server logs and metrics into a centralized system for analysis and troubleshooting.
Scalyr currently serves 140 customers, including CareerBuilder, Business Insider, OkCupid, Baidu and Giphy.