Managing multiple apps across cloud environments isn’t a walk in the park by any stretch. That’s why Ran Ribenzaft and Demisto veteran Nitzan Shapira cofounded , which uses distributed tracing and agentless code to give engineers greater visibility into apps. Two years after its founding, the company has found success, more than quadrupling its customer roster in the past 12 months alone and expanding into verticals such as the internet of things, technology, retail, media, insurance, smart mobility, and telecommunications.
This momentum evidently impressed investors like U.S. Venture Partners, which led the $16 million series A Epsagon announced this morning. Previous backers Lightspeed Venture Partners and StageOne Ventures also contributed to the round, which CEO Shapira says will fuel growth on the R&D, sales, and