Lightrun Raises $23M in Series A Funding

Lightrun

Lightrun, a Tel Aviv, Israel-based provider of a developer-native observability platform, raised $23M in Series A funding.

The round was led by Insight Partners with participation from existing investor Glilot Capital Partners. In conjunction with the funding, Teddie Wardi, Managing Director at Insight Partners, will join the Lightrun board of directors.

The company intends to use the funds to expand its engineering team and accelerate its roadmap of enterprise-level features for developer teams.

Led by Ilan Peleg, Co-founder and CEO, Lightrun provides an observability platform which gives developers deep insights into running applications by allowing them to insert logs, metrics and traces and more during runtime and simplify every aspect of incident resolution. Lightrun is ISO-27001 certified and serves such customers as Taboola, Sisense, Tufin and more.

FinSMEs

28/05/2021