DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DataOps
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • Techstrong.tv Podcast
    • Techstrong.tv Video Podcast
    • Techstrong.tv - Twitch
    • DevOps Unbound
  • Webinars
    • Upcoming
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • On-Demand Events
  • Sponsored Content
  • Related Sites
    • Techstrong Group
    • Container Journal
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Techstrong TV
    • Techstrong.tv Podcast
    • Techstrong.tv Video Podcast
    • Techstrong.tv - Twitch
  • Media Kit
  • About
  • Sponsor
  • AI
  • Cloud
  • Continuous Delivery
  • Continuous Testing
  • DataOps
  • DevSecOps
  • DevOps Onramp
  • Platform Engineering
  • Low-Code/No-Code
  • IT as Code
  • More
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps
    • ROELBOB
Hot Topics
  • Where Does Observability Stand Today, and Where is it Going Next?
  • Five Great DevOps Job Opportunities
  • A Freelancer's Workflow
  • Azure Migration Strategy: Tools, Costs and Best Practices
  • Blameless Integrates Incident Management Platform With Opsgenie

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
  • SignalFx Delivers Next Generation of Application Performance Monitoring The first to enable directed troubleshooting for applications and microservices
  • DevOps Chat: Modern Applications with SignalFx CEO Karthik Rau
    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.

TechStrong Con 2023Sponsorships Available

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

« 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

Automating Day 2 Operations: Best Practices and Outcomes
Tuesday, February 7, 2023 - 3:00 pm EST
Shipping Applications Faster With Kubernetes: Myth or Reality?
Wednesday, February 8, 2023 - 1:00 pm EST
Why Current Approaches To "Shift-Left" Are A DevOps Antipattern
Thursday, February 9, 2023 - 1:00 pm EST

Sponsored Content

The Google Cloud DevOps Awards: Apply Now!

January 10, 2023 | Brenna Washington

Codenotary Extends Dynamic SBOM Reach to Serverless Computing Platforms

December 9, 2022 | Mike Vizard

Why a Low-Code Platform Should Have Pro-Code Capabilities

March 24, 2021 | Andrew Manby

AWS Well-Architected Framework Elevates Agility

December 17, 2020 | JT Giri

Practical Approaches to Long-Term Cloud-Native Security

December 5, 2019 | Chris Tozzi

Latest from DevOps.com

Where Does Observability Stand Today, and Where is it Going Next?
February 6, 2023 | Tomer Levy
Five Great DevOps Job Opportunities
February 6, 2023 | Mike Vizard
Azure Migration Strategy: Tools, Costs and Best Practices
February 3, 2023 | Gilad David Maayan
Blameless Integrates Incident Management Platform With Opsgenie
February 3, 2023 | Mike Vizard
OpenAI Hires 1,000 Low Wage Coders to Retrain Copilot | Netflix Blocks Password Sharing
February 2, 2023 | Richi Jennings

TSTV Podcast

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays

GET THE TOP STORIES OF THE WEEK

Most Read on DevOps.com

OpenAI Hires 1,000 Low Wage Coders to Retrain Copilot | Netflix Blocks Password Sharing
February 2, 2023 | Richi Jennings
Automation Challenges Holding DevOps Back
February 1, 2023 | Mike Vizard
New Relic Bolsters Observability Platform
January 30, 2023 | Mike Vizard
Jellyfish Adds Tool to Visualize Software Development Workflows
January 31, 2023 | Mike Vizard
Cisco AppDynamics Survey Surfaces DevSecOps Challenges
January 31, 2023 | Mike Vizard
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2023 ·Techstrong Group, Inc.All rights reserved.