Honeycomb, a San Francisco, CA-based provider of observability for distributed systems to understand, debug, and improve production systems, closed a $20m Series B funding.
The round, which brings the total amount of capital raised to $46.9m, was led by e.ventures Growth, with participation from Industry Ventures and existing investors Storm Ventures, Scale Ventures Partners, NextWorld Capital, and Merian Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Christine Yen, CEO, Honeycomb provides a cloud-based observability platform for modern development teams to learn, debug, and improve their production systems so that business-critical apps perform with minimal disruption to users. Customers use the product for fast incident response, system optimization, and delivering pain-free releases across the software engineering cycle.
The company currently serves more than 300 customers.
FinSMEs
02/02/2021