LightStep, a company that has developed an innovative tool for application performance management, has emerged from stealth with a $29 million funding round. Founded by ex-Google engineer Ben Sigelman, the company has created a suite of software tools to track how well applications are functioning across businesses. At Google, Sigelman was responsible for creating and operating Dapper, a distributed monitoring system that could analyze 2 billion transactions per second. He also played an integral role in developing the OpenTracing standard, which is now part of the Cloud Native Computing Foundation.
LightStep's customers include DigitalOcean, Github, Twilio, and Yext, who were quick to adopt the company's technology due to its advanced features and early-stage investment. This led to Sequoia leading a $20 million financing round for the company. Given that LightStep was founded in 2015, it is evident that the company has been making significant progress in this field of application performance monitoring.
One of the most impressive aspects of LightStep's software is its ability to provide real-time tracking across an organization involving dozens of different services through APIs. This allows developers to quickly pinpoint any anomalies or issues with their applications, providing invaluable insights into how these systems operate. The company's distributed architecture gathers data from various sources such as native integration with the OpenTracing standard, centralized logging applications and services, mesh technologies like Envoy, linkerd, nginx, haproxy, etc., ensuring comprehensive monitoring of an application's performance.
LightStep has a strong team behind it that includes ex-Google engineers and experienced investors. The company is committed to providing the most advanced tools for enterprise application performance management and helping businesses optimize their operations. With its impressive track record and forward-thinking approach, LightStep looks set to continue driving innovation in this field.
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