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Wavefront Raises $52M in Series B Funding

Wavefront has secured $52 million in a Series B funding round.

Existing investors Sequoia Capital and Sutter Hill Ventures were joined by new investor Tenaya Capital, and other equity holders. The funding comes as the company is experiencing hyper-growth since its Series A funding, and the company’s valuation increased by 4x from the Series A. The new capital will be used to accelerate research and development to expand its product offerings, as well as expansion of Wavefront’s sales, marketing and support operations across all global regions.

"Cloud-enabled companies adopting Wavefront get crucially valuable insights that no other monitoring platform can offer, so their business experiences less degradation, fewer outages and more customer success," said Pete Cittadini, President & CEO of Wavefront. “We surpassed key milestones this past year, so it became the ideal time to raise this round, and fuel our already impressive adoption into the SaaS 250, as well as into digital enterprises and e-commerce companies that are fully embracing the cloud.”

"In the previous decade, the engineering team at Google faced operational challenges driven by growing complexity," said Bill Coughran, Sequoia partner and former Google SVP of Engineering. "Today a whole new generation of companies are operating at scale and running into these same issues. At Google, we needed to build our own solution. Now companies can just use Wavefront."

“We have been impressed with Wavefront’s innovative technology solutions, category creation leadership and impressive growth,” said Brian Melton, Managing Director at Tenaya Capital. “Tenaya Capital has helped build successful IT infrastructure companies including New Relic, Hortonworks, and Palo Alto Networks, and we are looking forward to accelerating Wavefront’s new phase of global growth via this partnership.”

Any enterprise with modern applications and agile infrastructure built on software - including SaaS offerings, digital enterprise platforms, consumer web platforms (e-commerce sites and mobile apps), and IoT systems - can employ Wavefront to improve its performance, availability and customer experience, and also extend beyond operations management to:

- Prevent, detect and diagnose outages to maintain service continuity.

- Surpass traditional monitoring to manipulate data with powerful analytics in real-time.

- Promote enterprise agility with better capacity planning and resource utilization.

- Eliminate silos and standardize analytics with a unified big data analytics platform across the TechOps, DevOps, and Development functions.

- Gain insights faster about the relationship between device, software, and end user.

-Metrics monitoring as a service is a new and disruptive approach to cloud application monitoring, helping cloud-enabled companies to thrive in the age of big data and the constant need to maintain high performance at scale. It allows users to visualize and query a wide range of metrics, from cloud computing load to application and business performance data. Across every layer of the enterprise, a metrics monitoring platform needs to deliver scale and reliability in real-time. Wavefront’s metrics monitoring service unifies and processes millions of data points per second, delivering insights at the speed of thought, for enterprises at scale.

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Wavefront Raises $52M in Series B Funding

Wavefront has secured $52 million in a Series B funding round.

Existing investors Sequoia Capital and Sutter Hill Ventures were joined by new investor Tenaya Capital, and other equity holders. The funding comes as the company is experiencing hyper-growth since its Series A funding, and the company’s valuation increased by 4x from the Series A. The new capital will be used to accelerate research and development to expand its product offerings, as well as expansion of Wavefront’s sales, marketing and support operations across all global regions.

"Cloud-enabled companies adopting Wavefront get crucially valuable insights that no other monitoring platform can offer, so their business experiences less degradation, fewer outages and more customer success," said Pete Cittadini, President & CEO of Wavefront. “We surpassed key milestones this past year, so it became the ideal time to raise this round, and fuel our already impressive adoption into the SaaS 250, as well as into digital enterprises and e-commerce companies that are fully embracing the cloud.”

"In the previous decade, the engineering team at Google faced operational challenges driven by growing complexity," said Bill Coughran, Sequoia partner and former Google SVP of Engineering. "Today a whole new generation of companies are operating at scale and running into these same issues. At Google, we needed to build our own solution. Now companies can just use Wavefront."

“We have been impressed with Wavefront’s innovative technology solutions, category creation leadership and impressive growth,” said Brian Melton, Managing Director at Tenaya Capital. “Tenaya Capital has helped build successful IT infrastructure companies including New Relic, Hortonworks, and Palo Alto Networks, and we are looking forward to accelerating Wavefront’s new phase of global growth via this partnership.”

Any enterprise with modern applications and agile infrastructure built on software - including SaaS offerings, digital enterprise platforms, consumer web platforms (e-commerce sites and mobile apps), and IoT systems - can employ Wavefront to improve its performance, availability and customer experience, and also extend beyond operations management to:

- Prevent, detect and diagnose outages to maintain service continuity.

- Surpass traditional monitoring to manipulate data with powerful analytics in real-time.

- Promote enterprise agility with better capacity planning and resource utilization.

- Eliminate silos and standardize analytics with a unified big data analytics platform across the TechOps, DevOps, and Development functions.

- Gain insights faster about the relationship between device, software, and end user.

-Metrics monitoring as a service is a new and disruptive approach to cloud application monitoring, helping cloud-enabled companies to thrive in the age of big data and the constant need to maintain high performance at scale. It allows users to visualize and query a wide range of metrics, from cloud computing load to application and business performance data. Across every layer of the enterprise, a metrics monitoring platform needs to deliver scale and reliability in real-time. Wavefront’s metrics monitoring service unifies and processes millions of data points per second, delivering insights at the speed of thought, for enterprises at scale.

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According to Auvik's 2025 IT Trends Report, 60% of IT professionals feel at least moderately burned out on the job, with 43% stating that their workload is contributing to work stress. At the same time, many IT professionals are naming AI and machine learning as key areas they'd most like to upskill ...

Businesses that face downtime or outages risk financial and reputational damage, as well as reducing partner, shareholder, and customer trust. One of the major challenges that enterprises face is implementing a robust business continuity plan. What's the solution? The answer may lie in disaster recovery tactics such as truly immutable storage and regular disaster recovery testing ...

IT spending is expected to jump nearly 10% in 2025, and organizations are now facing pressure to manage costs without slowing down critical functions like observability. To meet the challenge, leaders are turning to smarter, more cost effective business strategies. Enter stage right: OpenTelemetry, the missing piece of the puzzle that is no longer just an option but rather a strategic advantage ...

Amidst the threat of cyberhacks and data breaches, companies install several security measures to keep their business safely afloat. These measures aim to protect businesses, employees, and crucial data. Yet, employees perceive them as burdensome. Frustrated with complex logins, slow access, and constant security checks, workers decide to completely bypass all security set-ups ...

Image
Cloudbrink's Personal SASE services provide last-mile acceleration and reduction in latency

In MEAN TIME TO INSIGHT Episode 13, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses hybrid multi-cloud networking strategy ... 

In high-traffic environments, the sheer volume and unpredictable nature of network incidents can quickly overwhelm even the most skilled teams, hindering their ability to react swiftly and effectively, potentially impacting service availability and overall business performance. This is where closed-loop remediation comes into the picture: an IT management concept designed to address the escalating complexity of modern networks ...

In 2025, enterprise workflows are undergoing a seismic shift. Propelled by breakthroughs in generative AI (GenAI), large language models (LLMs), and natural language processing (NLP), a new paradigm is emerging — agentic AI. This technology is not just automating tasks; it's reimagining how organizations make decisions, engage customers, and operate at scale ...

In the early days of the cloud revolution, business leaders perceived cloud services as a means of sidelining IT organizations. IT was too slow, too expensive, or incapable of supporting new technologies. With a team of developers, line of business managers could deploy new applications and services in the cloud. IT has been fighting to retake control ever since. Today, IT is back in the driver's seat, according to new research by Enterprise Management Associates (EMA) ...

In today's fast-paced and increasingly complex network environments, Network Operations Centers (NOCs) are the backbone of ensuring continuous uptime, smooth service delivery, and rapid issue resolution. However, the challenges faced by NOC teams are only growing. In a recent study, 78% state network complexity has grown significantly over the last few years while 84% regularly learn about network issues from users. It is imperative we adopt a new approach to managing today's network experiences ...

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From growing reliance on FinOps teams to the increasing attention on artificial intelligence (AI), and software licensing, the Flexera 2025 State of the Cloud Report digs into how organizations are improving cloud spend efficiency, while tackling the complexities of emerging technologies ...