Lumigo Raises $29M in Series A Funding

Lumigo, a Tel Aviv, Israel-based cloud-native application monitoring and debugging platform, raised $29M in Series A funding.

The round, which brought total funding to $37M, was led by RedLine Capital, with participation from Wing Venture Capital, Vertex Ventures US and existing investors Pitango First, Grove Ventures and Meron Capital.

The company intends to use the funds to double its 30-person core team, in particular building the Marketing and Product groups, bringing on leaders in both domains, and recruiting more developers.

Led by CTO Aviad Mor and CEO Erez Berkner, Lumigo is an observability platform for serverless and cloud-native applications that allows developers to find and fix issues using automated distributed tracing. The platform allows developers to quickly find the root cause of issues with visual debugging, resolve performance bottlenecks with a clear breakdown of each component’s execution duration, and receive notifications on issues before they impact performance with smart alerts.

Lumigo, which began by focusing on automated distributed tracing for serverless cloud services like API Gateway, DynamoDB, Kinesys, S3 and Lambda, also announced the expansion of its SaaS observability product to containers, Kubernetes and Virtual Machines.

Today, the product is used by hundreds of companies, including Medtronic, Sonos, Vimeo, and A Cloud Guru (a Pluralsight company), to observe, understand and debug their serverless applications in production.