Epsagon Raises $16 Million in Series A Funding
January 16, 2020
Share this

Epsagon announced a $16 million Series A funding round, bringing the company's total amount raised to $20M.

New investor U.S. Venture Partners (USVP) led the round with participation from previous investors Lightspeed Venture Partners and StageOne Ventures. The new financing will fuel the next phase in Epsagon's growth, including accelerating product innovation for the company's automated, distributed tracing technology, and investing in sales and marketing to meet global demand from new and existing customers.

Epsagon provides a complete, end-to-end monitoring solution that enables DevOps and engineering teams to monitor, visualize, troubleshoot and quickly fix their cloud applications across any type of microservice — containers, Kubernetes, or serverless workloads. Epsagon's technology is fully automated for modern environments where the host may not be accessible, which makes traditional monitoring agents obsolete. Epsagon is an AWS Advanced Technology Partner with DevOps, Data and Analytics, and Retail Competencies and can integrate with any cloud provider — AWS, Google and Azure clouds — or Kubernetes clusters in less than five minutes.

"Cloud microservices have enabled companies to build applications faster than ever before; yet visibility into what's working and what's running in production remains a challenge," said Nitzan Shapira, CEO and co-founder, Epsagon. "Two years ago, we launched Epsagon to address this blindspot, and today we're continuously evolving our SaaS platform to scale with the growing cloud microservices stack. With this round of funding, Epsagon extends its reach to more customers, delivering the ability to accelerate developer velocity and fix issues in seconds — with payload visibility. Epsagon makes the cloud service model even more attractive to more businesses."

"Epsagon has all the elements of a winning company: a unique vision, unmatched leadership, best-in-class technology, and a roster of industry-leading companies that depend on them to keep the applications that power their businesses running smoothly," said Jacques Benkoski, Partner, U.S. Venture Partners. "The company's growth over the past year demonstrates the leadership team's successful execution of its expansion plans and the position Epsagon has carved out in the marketplace as a must-have solution. We're thrilled to play a part in the company's continued success."

Share this

The Latest

May 21, 2020

As cloud computing continues to grow, tech pros say they are increasingly prioritizing areas like hybrid infrastructure management, application performance management (APM), and security management to optimize delivery for the organizations they serve, according to SolarWinds IT Trends Report 2020: The Universal Language of IT ...

May 20, 2020

Businesses see digital experience as a growing priority and a key to their success, with execution requiring a more integrated approach across development, IT and business users, according to Digital Experiences: Where the Industry Stands ...

May 19, 2020

Fully 90% of those who use observability tooling say those tools are important to their team's software development success, including 39% who say observability tools are very important ...

May 18, 2020

As our production application systems continuously increase in complexity, the challenges of understanding, debugging, and improving them keep growing by orders of magnitude. The practice of Observability addresses both the social and the technological challenges of wrangling complexity and working toward achieving production excellence. New research shows how observable systems and practices are changing the APM landscape ...

May 14, 2020
Digital technologies have enveloped our lives like never before. Be it on the personal or professional front, we have become dependent on the accurate functioning of digital devices and the software running them. The performance of the software is critical in running the components and levers of the new digital ecosystem. And to ensure our digital ecosystem delivers the required outcomes, a robust performance testing strategy should be instituted ...
May 13, 2020

The enforced change to working from home (WFH) has had a massive impact on businesses, not just in the way they manage their employees and IT systems. As the COVID-19 pandemic progresses, enterprise IT teams are looking to answer key questions such as: Which applications have become more critical for working from home? ...

May 12, 2020

In ancient times — February 2020 — EMA research found that more than 50% of IT leaders surveyed were considering new ITSM platforms in the near future. The future arrived with a bang as IT organizations turbo-pivoted to deliver and support unprecedented levels and types of services to a global workplace suddenly working from home ...

May 11, 2020

The Internet of Things (IoT) is changing the world. From augmented reality advanced analytics to new consumer solutions, IoT and the cloud are together redefining both how we work and how we engage with our audiences. They are changing how we live, as well ...

May 07, 2020

Despite IT professionals' confidence in their ability to support today's much greater dependence on digital services, there is a rise in application performance errors reported by more than half of consumers, according to the Impact of COVID-19 on Digital Transformation survey from xMatters ...

May 06, 2020

The new normal includes not only periodic recurrences of Covid-19 outbreaks but also the periodic emergence of new global pandemics. This means putting in place at least three layers of digital business continuity practice ...