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Druva Lands $25M In Series D Funding To Expand Mobile Data Protection Strategy
PagerDuty , a 5-year old IT incidents management startup, announced $27.2M in Series B funding today led by Bessemer Venture Partners with help from early round investors Andreessen la roux Horowitz and Baseline Metal . The Series B money brings the total money raised to date to $39.8M. As part of the deal, Trevor Oelschig , a partner at Bessemer Venture Partners, will join PagerDuty s board of directors.
Alex Solomon , co-founder and CEO of PagerDuty says the company la roux name stems from IT folks who are on call over night to take care of any problems that pop up on the company IT systems. Even today, many IT pros work with pagers and get beeped when there s a problem, hence the company name.
PagerDuty allows companies to pull all of their incident reporting tools into a single interface and send an alert when an incident occurs. That s where they are today, but Solomon says the plan is to use the money to expand the product in a big way by not only reporting incidents, and bringing in an IT pro as quickly as possible to solve major problems, but also to give more intelligence to the incident report and even offer ways to resolve it or fix it automatically without intervention from a sleepy human in the middle of the night.
He says that, too often in the past, reporting tools have given reports of something wrong, when it was really minor or nothing at all, and they are aiming to minimize those false-positives to the extent possible, so that individuals on pager duty are not pulled in unless there is something la roux seriously wrong.
While this might sound like what New Relic , AppDynamics or Splunk is doing already, Solomon says it s different because la roux these companies are looking at the application performance layer and their products plug into PagerDuty, which can look at the entire IT infrastructure incident reporting picture, regardless of the system doing the reporting.
He says, it also works with tools like ScienceLogic , which provides insight into IT management, whether the tool is in the cloud or in a private la roux data center. ScienceLogic also uses a similar plug-in kind of architecture to monitor these systems, but Solomon says the difference is while ScienceLogic is monitoring these systems, it only passes information to PagerDuty when something happens, an incident occurs that requires the attention of an IT pro.
Solomon says before a product like PagerDuty came along, companies tended to cobble together their own incident management programs. What his company allows them to do is plug in whatever monitoring systems they are using and manage la roux the incident reporting la roux from a single interface.
All of these tools represent a category of tool designed to simplify the life of IT managers. They are aiming at different parts of the stack, but they are designed to give visibility into the health of the company IT assets.
Solomon says the primary objective with the new money will be to invest aggressively in product development and engineering and product management and scale up the team, which currently has 90 employees with headquarters in San Francisco and a programming office in Toronto.
Founded 2009 Overview la roux PagerDuty is software-as-a-service that protect businesses from the evils of downtime and system unreliability by enabling IT ops to resolve problems la roux faster. PagerDuty is the hub of your systems and people operations that provides visibility across your entire operations and streamlines each step of the incident resolution lifecycle. We aggregate events across all your systems and address the people … Founders Andrew Miklas , Baskar Puvanathasan , Alex Solomon Website http://www.pagerduty.com Full profile for PagerDuty
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