DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • DevOps Chats
    • DevOps Unbound
  • Webinars
    • Upcoming
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • On-Demand Events
  • Sponsored Communities
    • AWS Community Hub
    • CloudBees
    • IT as Code
    • Rocket on DevOps.com
    • Traceable on DevOps.com
    • Quali on DevOps.com
  • Related Sites
    • Techstrong Group
    • Container Journal
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Digital Anarchist
  • Media Kit
  • About
  • AI
  • Cloud
  • Continuous Delivery
  • Continuous Testing
  • DevSecOps
  • Leadership Suite
  • Practices
  • ROELBOB
  • Low-Code/No-Code
  • IT as Code
  • More Topics
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps

Home » Latest News Releases » SignalFx Raises $45 Million in Series D Funding

SignalFx Raises $45 Million in Series D Funding

By: Deborah Schalm on May 23, 2018 1 Comment

Industry Leader in Streaming Operational Intelligence Will Use Funds to Accelerate Product Innovation and Continue Market Expansion

Recent Posts By Deborah Schalm
  • Exabeam Reinvents Security Analytics with Fusion XDR and Fusion SIEM Cloud Products to Address Security Needs at Scale
  • New Study Reveals Importance of Optimized Strategy for the Selection, Support, and Maintenance of Open Source Software
  • Applitools Integrates With Rally for Fast and Automated Bug Management
More from Deborah Schalm
Related Posts
  • SignalFx Raises $45 Million in Series D Funding
  • Splunk to Acquire SignalFx to Gain APM Platform
  • SignalFx Delivers Next Generation of Application Performance Monitoring The first to enable directed troubleshooting for applications and microservices
    Related Categories
  • Latest News Releases
    Related Topics
  • SignalFx
Show more
Show less

SAN MATEO, Calif. – May 22, 2018 – SignalFx, the leader in streaming operational intelligence for data-driven DevOps, today announced $45 million in Series D funding led by General Catalyst with participation from existing investors Andreessen Horowitz and Charles River Ventures. This round brings total funding for SignalFx to $103.5 million since its founding in 2013.

DevOps/Cloud-Native Live! Boston

As the only platform delivering a consolidated real-time view of infrastructure, services, applications, containers, and functions, SignalFx has gained the trust of the world’s leading brands across a range of industry verticals from hi-tech, financial services, media and telecommunications, to retail, healthcare, manufacturing, and consumer products. A few notable customers include athenahealth, Ellie Mae, HubSpot, Kayak, Shutterfly, Square, and Yelp.

“We are enormously excited to welcome General Catalyst to our team,” says Karthik Rau, CEO and co-founder of SignalFx. “Our industry is at a critical inflection point as the vast majority of existing systems management solutions are ill equipped to handle the software architectures and delivery models that every company now aspires towards. In the past three years, we’ve been privileged to partner with over a hundred enterprises across many industry verticals to accelerate their journey to cloud-native. With the additional Series D funding, we plan to accelerate our efforts across both product development and go-to-market to enable thousands more to make the journey to cloud-native as seamless as possible.”

“As more enterprises are employing dynamic components like microservices, containers and serverless environments, organizations increasingly need a new breed of tool that can monitor the large volumes of operations data being generated,” said Nancy Gohring, Senior Analyst at 451 Research. “With its ability to scale very large and return analytics quickly, SignalFx is well positioned to meet the monitoring needs of modern application environments.”

Over the past year, SignalFx has dramatically grown its business and completed market-leading product innovations in unprecedented ways.

  • Revenues continue to triple year over year as has been the case since SignalFx first began selling in 2015.
  • The company doubled its employee base in the past year, while expanding its global coverage to include EMEA and Australia.
  • Nearly 100 new product features and upgraded integrations were added in the past 12 months, including many enterprise-friendly capabilities like team dashboards, centralized control over data ingest, and dashboard permissions.
  • SignalFx is now fully integrated with and provides comprehensive visibility into the three top public cloud providers – Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform – as well as leading private cloud platforms OpenStack, and Pivotal Cloud Foundry.
  • Support has been fully enabled for a wide range of leading edge, cloud-native technologies, such as Kubernetes, Docker, AWS Lambda, and Azure Functions.
  • The ease with which users can get full-stack visibility has been dramatically enhanced with the release of the SignalFx Smart Agent, which once installed, automatically discovers services running on hosts and containers.
  • With new upgrades to its metadata streaming path, SignalFx can now include metrics from newly instantiated containers, hosts or other metric sources in charts and alerts within seconds, guaranteeing up-to-date visibility and awareness of potential issues.
  • SignalFx has continued to push the boundaries on the scalability of its massively parallel streaming analytics engine, users are now able to instantly understand patterns and trends across hundreds of thousands of components.
  • Six patents have been granted for SignalFx’s unique streaming architecture.

In conjunction with the funding, SignalFx announced the appointment of Dr. Stephen Herrod, general partner at General Catalyst and former CTO of VMware, to the Company’s board of directors. He joins Ben Horowitz, general partner at Andreessen Horowitz, Devdutt Yellurkar, general partner at Charles River Ventures, and SignalFx co-founders Phil Liu, and co-founder/CEO Karthik Rau.

Prior to its current funding, SignalFx raised $58.5 million in its Series A, B and C rounds from Andreessen Horowitz and Charles River Ventures.

Supporting Resources

  • Visit SignalFx: com 
  • Follow SignalFx on Twitter:@signalfx
  • Follow SignalFx onLinkedIn
  • Like SignalFx onFacebook

About SignalFx
SignalFx is the leader in streaming operational intelligence for data-driven DevOps. The platform discovers and collects metrics across every component in the cloud, replacing traditional point tools and providing real-time visibility into today’s dynamic environments. The massively scalable SignalFx architecture is optimized for container and microservices-based architectures and provides powerful visualization, proactive alerting, and collaborative triage capabilities for organizations of all sizes. SignalFx is used by Fortune 500 enterprises across financial services, apparel, industrials, telecommunications, media, and by web-scale players like Yelp, HubSpot, Shutterfly, Square, and Kayak. SignalFx is venture-funded by Andreessen Horowitz, Charles River Ventures, and General Catalyst.

 

 

 

Filed Under: Latest News Releases Tagged With: SignalFx

Sponsored Content
Featured eBook
The 101 of Continuous Software Delivery

The 101 of Continuous Software Delivery

Now, more than ever, companies who rapidly react to changing market conditions and customer behavior will have a competitive edge.  Innovation-driven response is successful not only when a company has new ideas, but also when the software needed to implement them is delivered quickly. Companies who have weathered recent events ... Read More
« ChefConf 2018: Chef Grows Beyond Infrastructure to Apps
Securing Third-Party and Open Source Code Components: A Primer »

TechStrong TV – Live

Click full-screen to enable volume control
Watch latest episodes and shows

Upcoming Webinars

Accelerating Continuous Security With Value Stream Management
Monday, May 23, 2022 - 11:00 am EDT
The Complete Guide to Open Source Licenses 2022
Monday, May 23, 2022 - 3:00 pm EDT
Building a Successful Open Source Program Office
Tuesday, May 24, 2022 - 11:00 am EDT

Latest from DevOps.com

DevSecOps Deluge: Choosing the Right Tools
May 20, 2022 | Gary Robinson
Managing Hardcoded Secrets to Shrink Your Attack Surface 
May 20, 2022 | John Morton
DevOps Institute Releases Upskilling IT 2022 Report 
May 18, 2022 | Natan Solomon
Creating Automated GitHub Bots in Go
May 18, 2022 | Sebastian Spaink
Is Your Future in SaaS? Yes, Except …
May 18, 2022 | Don Macvittie

Get The Top Stories of the Week

  • View DevOps.com Privacy Policy
  • This field is for validation purposes and should be left unchanged.

Download Free eBook

The State of Open Source Vulnerabilities 2020
The State of Open Source Vulnerabilities 2020

Most Read on DevOps.com

Why Over-Permissive CI/CD Pipelines are an Unnecessary Evil
May 16, 2022 | Vladi Sandler
Apple Allows 50% Fee Rise | @ElonMusk Fans: 70% Fake | Micro...
May 17, 2022 | Richi Jennings
Making DevOps Smoother
May 17, 2022 | Gaurav Belani
DevOps Institute Releases Upskilling IT 2022 Report 
May 18, 2022 | Natan Solomon
Why Data Lineage Matters and Why it’s so Challenging
May 16, 2022 | Alex Morozov

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2022 ·Techstrong Group, Inc.All rights reserved.