Epsagon, an Israeli startup that wants to support the monitoring of modern development environments such as serverless and container, today announced a Series A worth $ 16 million.
US Venture Partners (USVP), a new investor, led the round. The previous investors Lightspeed Venture Partners and StageOne Ventures also participated. Today's investment brings the company a total of $ 20 million.
CEO and co-founder Nitzan Shapira says the company has expanded its product offering over the past year to not only cover its serverless roots, but also to provide deeper insight into a number of forms of modern development.
“We spoke about in May when we launched our platform for microservices in cloud products. This includes containers, serverless and any kind of workload for creating microservices apps. We have had some important announcements since then, ”Shapira told TechCrunch.
For starters, the company announced support or tracing and metrics for Kubernetes workloads, including native Kubernetes along with managed Kubernetes services like AWS EKS and Google GKE. “A few months ago we announced our Kubernetes integration. So when you run a Kubernetes workload, you can integrate it into Epsagon with one click. From there you receive all measurement data and can set up a trace in a few minutes. This opens up a very large number of use cases, ”he said.
The company also announced support for AWS AppSync, a no-code programming tool on the Amazon cloud platform. “Today we are the only provider that introduces tracing for AppSync [an area] where people really have trouble monitoring and troubleshooting, ”he said.
The company hopes to use the money from today's investments to further expand the product offering with support for Microsoft Azure and Google Cloud Platform in the coming year. He also wants to expand the automation of some tasks that need to be configured manually today.
"Our goal is to make the product as automated as possible so that in a matter of minutes the user gets an amazing experience with advanced monitoring, problem identification, and troubleshooting," he said
According to Shapira, the company now has around 25 employees and plans to double the number of employees next year.