Wavefront provides a metrics monitoring and observability platform for cloud and modern application environments, unifying and processing millions of data points per second with a powerful query language and real-time analytics. Its product set includes intelligent alerting, expanded query functions, quick-start configuration wizards, a suite of default dashboards and 30+ data plugins to ingest metrics from leading application, cloud, and infrastructure sources. The company targets SaaS providers, digital enterprises, e-commerce platforms and IoT systems and lists customers such as Workday, Box, Lyft, Microsoft, Intuit and Groupon. Since its Series A Wavefront reports hyper-growth, having increased aggregate metric data ingestion rate by more than 10x and moved key customers into production. The company plans to use new capital to accelerate research and development to expand product offerings and to grow sales, marketing and support operations across all global regions. Wavefront positions its service as a scalable alternative to internal monitoring, aiming to prevent outages, improve customer experience and deliver real-time insights across TechOps, DevOps and development functions. Wavefront builds a real-time metrics visualization and query platform that lets users monitor computing load and performance data to prevent outages. The startup emerged from stealth after raising $11.5 million in a round led by Sequoia. Sequoia Ventures’ Bill Coughran will join Wavefront’s board. The round included participation from Sutter Hill Ventures and the Webb Investment Network. To date the company has raised at least $20.5 million.

Total raised

$64M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2016