Datadog, a cloud monitoring services that joins server, database, application, tools, and services data to give users a view of apps that run at scale in the cloud, has just announced an oversubscribed $31 million Series C funding round.
The round was led by Index Ventures, an existing funder, joined by RTP Ventures, Openview Venture Partners, Amplify Partners, and others. Datadog, which claims to have seen quick growth during the last year, says the funding will be put toward expanding its engineering, sales, and marketing teams in order to address growing demand and speed up product development.
Launched in 2010, Datadog has been put into action by several companies, like Netflix and Spotify. Right now, it monitors more than 100,000 servers and sees over 25 billion data points each day. Last year, support was broadened to multiple cloud service providers, including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Red Hat OpenShift, and the company added OpenStack support as well. As of today, Datadog integrates monitoring and web operations data from almost 100 commonly used technologies in modern cloud applications.
The capabilities Datadog offers are part of a software-as-a-service (SaaS) data analytics platform that empowers development and operations groups to join forces on the infrastructure. This helps to limit downtime, find and fix performance problems, and provide assurance the development and deployment cycles are completed in a timely manner.