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SignalFx is a
SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is con ...
-based monitoring and analytics platform based in San Mateo, California which allows customers to analyze, visualize, automate, and alert on metrics data from infrastructure, applications, microservices, containers, and functions. At the core of the platform is a streaming architecture that splits metric data points into two streams, one for human readable metadata and the other for time-series values. The data is routed through a pub-sub bus to SignalFlow, a python-like analytics language accessible through the main SignalFx GUI and through programmable API's. The platform is able to process millions of data points per second at a 1-second resolution with less than 2 seconds of latency, from ingestion to alert.


History

SignalFx was co-founded by Karthik Rau and Phillip Liu in February 2013. Phillip Liu previously worked at
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Mosk ...
for four years as a software architect and Karthik Rau worked at Delphix and
VMware VMware, Inc. is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California. VMware was the first commercially successful company to virtualize the x86 architecture. VMware's desktop software ru ...
. SignalFx received $8.5 million in a Series A investment from
Andreessen Horowitz Andreessen Horowitz (also called a16z, legal name AH Capital Management, LLC) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen H ...
, adding
Ben Horowitz Benjamin Abraham Horowitz (born June 13, 1966) is an American businessman, investor, blogger, and author. He is a technology entrepreneur and co-founder along with Marc Andreessen of the venture capital firm Andreessen Horowitz. He previously c ...
to its board. In 2015 Signal Fx received $20 million in Series B investment led by
Charles River Ventures Charles River Ventures (CRV) is a venture capital firm focused on early-stage investments in technology. The firm was founded in 1970 to commercialize research that came out of MIT. Its name comes from the Charles River. History The firm has ra ...
with participation from
Andreessen Horowitz Andreessen Horowitz (also called a16z, legal name AH Capital Management, LLC) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen H ...
, adding Devdutt Yellurkar to its board. In May 2018, SignalFx announced its Series D funding of $45million led by General Catalyst with participation from the existing investors Andreessen Horowitz and Charles River Ventures. In June 2019, the company raised $75million in its Series E round led by
Tiger Global Management Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm. It mainly focuses on Internet, software, consumer, and financial technology industries. Background and histo ...
, bringing the companies total funding to $179million since its founding. SignalFx currently serves over a hundred customers, including
Athenahealth Athenahealth (stylized as athenahealth) is a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company was founded in 1997 in San Diego and is now headquarte ...
, Chairish,
Ellie Mae Ellie Mae Inc., originally named Electronic Mortgage Affiliates, is a software company that processes 35% of U.S. mortgage applications. The services are based on a software as a service model (SaaS) and specializes in originating and funding ne ...
, Carbonblack, Kayak,
Shutterfly Shutterfly, LLC. is an American photography, photography products, and image sharing company, headquartered in Redwood City, California. The company is mainly known for custom photo printing services, including books featuring user-provided im ...
,
Sunrun Sunrun is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California. Since its inception, the c ...
, and
Yelp Yelp Inc. is an American company that develops the Yelp.com website and the Yelp mobile app, which publish crowd-sourced reviews about businesses. It also operates Yelp Guest Manager, a table reservation service. It is headquartered in San F ...
. On August 21, 2019, SignalFx was acquired by
Splunk Splunk Inc. is an American software company based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated data via a Web-style interface. Its software helps capture, index and correlate ...
for $1 billion.


References


External links

* 2013 establishments in California 2019 mergers and acquisitions Software companies based in California Defunct software companies of the United States Splunk {{US-software-company-stub