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We raised $29 million in new funding. Here's what we're going to do with it

Blog post from Lumigo

Post Details
Company
Date Published
Author
Erez Berkner
Word Count
484
Company Posts That Month
2
Language
English
Hacker News Points
-
Post removed?
No
Summary

Nov 02 2021 was the day when Lumigo announced an additional $29 million in funding to further expand its observability capabilities into cloud-native technologies such as containers and Kubernetes. Lumigo, founded by Aviad Mor and another individual, aimed to create tools that help developers realize the benefits of cloud-native architectures. The company started with serverless technologies like AWS Lambda but soon expanded into a broader ecosystem including container-based components and orchestrated by tools like Kubernetes. With this funding, Lumigo plans to provide a complete observability distributed tracing and debugging solution for modern cloud applications. Additionally, the company is focusing on extending its platform beyond observability into debugging capabilities, enabling developers to easily understand the end-to-end story of every request and find root causes of issues. The funding round was led by RedLine Capital with participation from other investors, and Lumigo is now seeking new talent to join its growing team.

Trends Found in this Post
Trend Post Mentions Total Month Mentions Posts Companies MoM
Observability 6 857 161 53 +17%
Serverless 5 632 135 58 -23%
Kubernetes 2 1,218 176 69 -9%
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