SigScalr, a Boston, MA-based provider of a unified observability SaaS solution, raised $1.76M in Pre-Seed funding.
The round was led by Scribble Ventures, with participation from WestWave Capital and Forward Slash Capital.
The company intends to use the funds to launch its open-source software (OSS) product SigLens, expand its go-to-market efforts, and recruit experts in the software and product development space.
Led by CEO and Founder Kunal Nawale, SigScalr provides a unified application observability platform, purpose-built for the modern enterprise’s microservice application architecture. It reduces spend on observability through an approach to querying and uncompressing log data. Its unified view of observability includes log, metrics and trace data in a single view.
Commenting on the news, Kunal Nawale said: “For a fresh engineer entering the field, the number of tools available for observability is inscrutable and overwhelming. SigScalr is the only unified observability platform enabling developers to seamlessly consolidate observability tools and effectively reduce cloud infrastructure spend and debug issues faster.”
FinSMEs
20/02/2024