Rollbar Secures $11 Million Series B Funding
April 06, 2020
Share this

Rollbar announced $11 million in Series B funding.

The round was led by Runa Capital, an international VC firm headquartered in Silicon Valley that backs early-stage startups in deep tech and cloud business software. Long Light Capital and Blossom Street Ventures also participated in this round, along with existing investors Cota Capital, Bain Capital, and Patagonia Capital. Dmitry Galperin from Runa Capital will take a board seat.

As every business becomes a software business, real advantages come from being able to iterate quickly and release continuously. And for that, automated release is not enough anymore, you also need automated response. Automated response includes being able to see, understand, and resolve problems in real-time across the entire software development lifecycle. And that's exactly what Rollbar is building. Rollbar provides an automated error response platform centered around its proprietary, customizable grouping engine. Its solution offers workflow capabilities and integrates seamlessly into the modern development stack.

"Traditional monitoring doesn't give developers what they need to understand and respond to massive amounts of machine data. Developers need a better way to see where they're going. We're already working with more than 100,000 developers at over 4,000 customers, such as Twilio, Branch, Salesforce and Instacart to help them iterate faster and with more confidence. We're pleased with the support from Runa Capital as we scale our company," said Brian Rue, CEO and Co-Founder of Rollbar.

Rollbar plans to use this new capital to double its headcount across all divisions at company offices in the United States, Budapest, and Barcelona. Specifically, it will recruit for additional sales and engineering roles to assist with existing and new product development, and improve customer experience and support.

"Rollbar lets cloud native teams find and fix errors in code faster, and has recently made impressive inroads to help enterprise customers iterate throughout the software development lifecycle. We're excited to partner with Rollbar as it improves the quality of software that we all use and offers the right balance between cost, pace of code delivery and quality," said Dmitry Galperin, Partner at Runa Capital.

Share this

The Latest

July 14, 2020

As systems become more complex and IT loses direct control of infrastructure (hello cloud), it becomes both more difficult and more important to capture and observe, holistically, the user experience. SaaS or cloud apps like Salesforce, Microsoft Office 365, and Workday have become mission-critical to most businesses and therefore need to be examined when it comes to experience monitoring ...

July 13, 2020

Newly distributed operations teams are struggling to cope with the sudden change to the WFH (work from home) concept. IT operations teams were traditionally set up to work from centralized locations, unlike software and engineering teams. Some organizations have overcome that by implementing AIOps solutions; others are using a brute force method of employing more IT operations analysts to keep the distributed NOCs going ...

July 09, 2020

Enterprises that halted their cloud migration journey during the current global pandemic are two and a half times more likely than those that continued their move to the cloud to have experienced IT outages that negatively impacted their SLAs, according to Virtana's latest survey report The Current State of Hybrid Cloud and IT ...

July 08, 2020

Every business has the responsibility to do their part against climate change by reducing their carbon footprint while increasing sustainability and efficiency. Harnessing optimization of IT infrastructure is one method companies can use to reduce carbon footprint, improve sustainability and increase business efficiency, while also keeping costs down ...

July 07, 2020

While the adoption of continuous integration (CI) is on the rise, software engineering teams are unable to take a zero-tolerance approach to software failures, costing enterprise organizations billions annually, according to a quantitative study conducted by Undo and a Cambridge Judge Business School MBA project ...

June 25, 2020

I've had the opportunity to work with a number of organizations embarking on their AIOps journey. I always advise them to start by evaluating their needs and the possibilities AIOps can bring to them through five different levels of AIOps maturity. This is a strategic approach that allows enterprises to achieve complete automation for long-term success ...

June 24, 2020

Sumo Logic recently commissioned an independent market research study to understand the industry momentum behind continuous intelligence — and the necessity for digital organizations to embrace a cloud-native, real-time continuous intelligence platform to support the speed and agility of business for faster decision-making, optimizing security, driving new innovation and delivering world-class customer experiences. Some of the key findings include ...

June 23, 2020

When it comes to viruses, it's typically those of the computer/digital variety that IT is concerned about. But with the ongoing pandemic, IT operations teams are on the hook to maintain business functions in the midst of rapid and massive change. One of the biggest challenges for businesses is the shift to remote work at scale. Ensuring that they can continue to provide products and services — and satisfy their customers — against this backdrop is challenging for many ...

June 22, 2020

Teams tasked with developing and delivering software are under pressure to balance the business imperative for speed with high customer expectations for quality. In the course of trying to achieve this balance, engineering organizations rely on a variety of tools, techniques and processes. The 2020 State of Software Quality report provides a snapshot of the key challenges organizations encounter when it comes to delivering quality software at speed, as well as how they are approaching these hurdles. This blog introduces its key findings ...

June 18, 2020

For IT teams, run-the-business, commodity areas such as employee help desks, device support and communication platforms are regularly placed in the crosshairs for cost takeout, but these areas are also highly visible to employees. Organizations can improve employee satisfaction and business performance by building unified functions that are measured by employee experience rather than price. This approach will ultimately fund transformation, as well as increase productivity and innovation ...