App Performance Monitoring Platform Instana Raises $6m in VC Funding

instanaInstana, a San Mateo, California-based provider of a platform to monitor and manage complex big data and microservices architectures, raised $6m in venture capital funding.

The round was led by Target Partners with participation from German IT consulting firm Codecentric.

Founded in April 2015 by Mirko Novakovic, CEO, Pete Abrams, COO, Fabian Lange, VP of Engineering, and Pavlo Baron, CTO, in April 2015, Instana provides a platform to monitor and manage complex big data and microservices architectures by visualizing the application landscape and making actionable suggestions to let business apps and systems work and perform.
The solution combines its own knowledge with a machine learning approach to predict future performance degradation or downtime, identify service interdependencies, and offer actionable advice to bring a system back to good health.
Its virtual DevOps assistant, called Stan, offers advice that includes exact root-cause and suggestions for remediation.
A spin-off from Codecentric, the company has engineering headquarters in Solingen, Germany employing 23 people in total.

FinSMEs

07/06/2016

Join the discussion