SignalFx 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.
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.”
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.
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