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Honeycomb Raises $11.5 Million Series A to Make Observability Part of Every Software Engineering Lifecycle
Thursday, February 01, 2018

e.ventures and Storm Ventures Lead Financing and Join Board

SAN FRANCISCO, Feb. 1, 2018 /PRNewswire/ -- Honeycomb, the leading observability provider for software engineers, announces an $11.5 million Series A financing led by e.ventures with participation from existing investor Storm Ventures and new investors NextWorld Capital and Merian Ventures. This round brings the company's total funding to $15.5 million.

"Honeycomb uniquely addresses a major pain-point for anyone debugging and trying to understand distributed systems, providing BI-like experience for software engineers. We're excited to support the Honeycomb team and technology through their next stage of growth." - Thomas Gieselmann, General Partner at e.ventures

Honeycomb is founded on the experience of building and operating a platform hosting millions of apps serving tens of millions of users. The product enables engineers to easily create and analyze data about the behavior of their own software, so they can instantly go from visualizing aggregate trends to pinpointing the exact shopping cart stalling on a transaction, or query starving a system, or user experiencing or causing a problem.

"We are amazed by the love that Honeycomb's customers have for them. It's rare to see this kind of positive feeling for commercial developer or infrastructure tools." - Tae Hea Nahm, Managing Director at Storm Ventures

Honeycomb intends to use the funds to significantly expand sales and marketing, as well as deepen R&D focused on making high-cardinality, event-driven observability accessible to a wider market.

"A new metrics, monitoring, or logging company enters the market every month. And yet, the pain of debugging, or even understanding, distributed systems goes unaddressed. We believe an investigative, exploratory approach is required to understand the behavior of the kinds of inherently complex systems we're building today. Honeycomb's mission is to provide engineers a way to build and check their intuition about the behavior of their code as it gets manipulated and worked in real life. This is what we mean when we say observability." - Charity Majors, CEO and co-founder of Honeycomb.

Honeycomb makes the process of developing and testing hypotheses about the world of your systems accessible without any specialized knowledge other than the desire to ask a question.

"Customers tell us that Honeycomb solves problems that they believed for years were impossible, or prohibitively expensive, to solve. Because that's what their vendors told them." - Christine Yen, CPO and co-founder of Honeycomb.

About Honeycomb
Honeycomb provides observability for a distributed world--designed for high-cardinality data and collaborative problem solving, enabling engineers to deeply understand and debug production software together. Founded on the experience of debugging problems at the scale of millions of apps serving tens of millions of users, we empower every engineer to instrument and query the behavior of their system.

Companies like Fender Musical Instruments Corporation, Axios, Intercom and Travis CI rely on Honeycomb to solve the hard problems that arise operating modern software.

Additional Resources

    --  Web https://honeycomb.io/
    --  Blog https://honeycomb.io/blog/
    --  Twitter https://twitter.com/honeycombio
    --  Customer case study:
        https://honeycomb.io/blog/2017/10/intercom-3-honeycomb/

Media Contact

Aneel Lakhani
media@honeycomb.io

Honeycomb
544A Bryant St
San Francisco, CA 94103

View original content with multimedia:http://www.prnewswire.com/news-releases/honeycomb-raises-115-million-series-a-to-make-observability-part-of-every-software-engineering-lifecycle-300590089.html

SOURCE Honeycomb



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