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Lightrun Secures $23 Million in Series A Funding to Shift Observability "Left"

Lightrun announced it has closed a $23 million Series A round led by Insight Partners with participation from existing investor Glilot Capital Partners, bringing its total funding to $27 million. Lightrun will use the funding to expand its engineering team and accelerate its roadmap of enterprise-level features for developer teams embracing the new shift-left paradigm for production code observability.

"We've seen a number of observability solutions joining the market, but found Lightrun's shift-left approach to be truly unique," said Teddie Wardi, Managing Director at Insight Partners, who will join the board of directors. "The main point of shifting observability to the left in the software development lifecycle is incorporating observability into the day-to-day developer workflow. Lightrun makes observability ops-free, real-time and ergonomic to the development process, and we believe they are in a position to capture a large international market of development teams at enterprises that prioritize rapid feature development and frequent shipping."

In April, Lightrun launched a free community edition of its popular platform for developer-native observability. Earlier this month, Lightrun was named a Gartner Cool Vendor for Monitoring, Observability and Cloud Operations. The company has doubled its number of employees in the last year and it recently announced numerous new integrations supported by the APM product ecosystem, including Datadog, IntelliJ IDEA, Logz.io, Prometheus, Slack and StatsD.

How Shift Left Observability Works

Lightrun gives developers "shift left" observability from within the tooling they already use (IDEs, CLIs, code repositories), and the ability to add logs, metrics and traces to running applications. Developers use Lightrun's capabilities to verify new features as part of their CI/CD pipeline. Lightrun streamlines this process of defining and consuming observability, making it real-time and ops-free while still being controlled, defined and consumed by developers. Limiting developers' need to involve operations managers creates more agile organizations, shorter MTTRs and better developer experiences while optimizing observability costs.

"For too long, developers have been forced to use traditional APM and observability tools that were designed for operators and IT, and correlating data on the 'right,'" said Ilan Peleg, Co-founder and CEO of Lightrun. "We're already seeing operations and security shifting left as startups like Snyk and Hashicorp disrupt those spaces. Now, Lightrun is flipping the paradigm of observability, putting the tooling in the hands of developers, and giving developers new observability into live applications' state, rather than the 'static,' log-everything legacy approach to software debugging."

Published Wednesday, May 26, 2021 9:53 AM by David Marshall
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