PagerDuty Raises $10.7M in Series A Funding

PagerDuty, a San Francisco, CA-based provider of IT alerting and incident management software, secured $10.7m in Series A funding.

The round was led by Andreessen Horowitz, with participation from the Webb Investment Network (WIN), Opscode founder Jesse Robbins and existing seed investors Harrison Metal, Baseline Ventures and Ignition Partners. In conjunction with the funding, John O’Farrell, partner at Andreessen Horowitz, joined PagerDuty’s Board of Directors (read here how he commented on the deal).

The company intends to use the capital to further expand its engineering and marketing teams, and increase adoption from small, mid-size and enterprise organizations worldwide.

Led by Alex Solomon, co-founder and CEO, PagerDuty provides large and small IT organizations with a SaaS-based alerting and incident management system that aggregates errors from multiple tools (including Zenoss, Nagios, New Relic, Splunk, AWS Cloudwatch, Pingdom, etc.) they use to monitor the various components of their IT infrastructure, including servers, networks, databases and web and mobile applications.
Its automated on-call management and alert system notifies designated on-call engineers via phone, SMS and email in accordance with a customized notification chain. The company currently guarantees reliable message delivery across more than 100 countries.

Customers include Microsoft, National Instruments, Electronic Arts, Adobe, Rackspace, Etsy, Square and Github.



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