SignalFx, a San Mateo, CA-based leader in real-time cloud monitoring and observability for infrastructure, microservices, and applications, raised $75m in Series E funding.
The round, which brought total funding raised to $179m, was led by Tiger Global Management with participation from existing investors.
The company intends to use the funds for product development and global expansion.
Founded in 2013 and led by Karthik Rau, CEO, SignalFx SignalFx provides a real-time cloud monitoring platform for infrastructure, microservices, and applications, which collects and analyzes metrics and traces across every component in a cloud environment. Built on a massively scalable streaming architecture, the system applies advanced analytics and data-science-directed troubleshooting to let operators find the root cause of issues in seconds. In November 2018, the company added Microservices APM™, a real-time application performance monitoring solution designed to accelerate the troubleshooting and triaging of microservices-based applications. Microservices APM is powered by a NoSample™ architecture that observes every transaction—instead of just a small random sample—and accurately reports on every anomaly.
In February, SignalFx announced the opening of a Research and Development Support Office in Krakow, Poland and expanded sales operations throughout EMEA and Australia.
The company’s team also includes Mark Cranney, Chief Operating Officer, Mark Resnick, Chief Financial Officer, Leonid Igolnik, Executive Vice President of Engineering, Tom Butta, Chief Marketing Officer, and Laura MacKinnon, Chief People Officer,
Global headcount is now 270 and growing.
Customers include both high-tech organizations born in the cloud, such as Acquia, Carbon Black, Cloudreach, Freecharge, HubSpot, Kayak, Namely, Rappi, Shutterfly, Square, and Yelp, as well as traditional enterprises investing in digital transformation, such as Amtrak, athenahealth, Lululemon, NBCUniversal, and the Warehouse Group.
The company is also backed by Andreessen Horowitz, Charles River Ventures, and General Catalyst.