SignalFx Raises $45m in Series D Funding

SignalFx, a San Mateo, CA-based provider of an operational intelligence platform for data-driven DevOps, raised $45m in Series D funding.

The round, which brings total funding to $103.5m since its founding in 2013, was led by General Catalyst with participation from existing investors Andreessen Horowitz and Charles River Ventures. In conjunction with the funding, Dr. Stephen Herrod, general partner at General Catalyst and former CTO of VMware, joined SignalFx’s board of directors.

The company intends to use the funds to accelerate its product development and go-to-market efforts.

Led by Karthik Rau, CEO and co-founder, SignalFx provides a platform delivering a consolidated real-time view of infrastructure, services, applications, containers, and functions to brands across a range of industry verticals from hi-tech, financial services, media and telecommunications, to retail, healthcare, manufacturing, and consumer products. The platform discovers and collects metrics across every component in the cloud, providing real-time visibility into today’s dynamic environments. The SignalFx architecture is optimized for container and microservices-based architectures and provides visualization, proactive alerting, and collaborative triage capabilities for organizations of all sizes.
Customers include athenahealth, Ellie Mae, HubSpot, Kayak, Shutterfly, Square, and Yelp.

FinSMEs

23/05/2018

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