Airbrake announced an $11 million financing round led by Elsewhere Partners.
Airbrake offers real-time error monitoring for the end-to-end application stack, improving the efficiency of continuous integration and continuous development (CI/CD).
Airbrake takes CI/CD to the next level by revealing real-time application errors, combining code-scanning and error-logging before it reaches the end-user. This increases the velocity that companies can release high-quality applications, reduces development costs, and improves customer retention.
“Airbrake grew rapidly and profitably under the product-focused leadership of Joe Godfrey,” said Nick Stoffregen, VP at Elsewhere Partners. “The company created a product that developers love, and Airbrake has grown organically as a result, without dedicated sales and marketing teams.”
Several senior-level software company veterans have joined Airbrake to expand the Go-To-Market strategy and product roadmap. The team plans to focus on increasing value to the developer community and helping businesses accelerate digital transformation.
Treb Ryan, CEO of Airbrake, said: “Once dev teams try Airbrake, they uncover real-world errors across the entire solution that they never knew existed.”
“Airbrake is a textbook example of the success of product-led growth,” said Shelley Perry, Executive Chairman of Airbrake. “This investment allows Airbrake to focus on value-led growth, which includes increasing customer feedback, building community, and investing in partnerships within the CI/CD ecosystem,” Perry said.
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