The company’s solution enables collecting any piece of data, from the deepest levels of live code, on-demand, in the click of a button
Israeli developer-first observability platform Roockout announced a $16 million Series B funding round, led by Fort Ross Ventures.
The company’s solution provides the ability to collect any piece of data, from the deepest levels of live code, on-demand, in the click of a button. This capability empowers engineers to solve customer issues faster, improve development velocity, and reduce MTTR (Mean Time To Repair).
For engineering managers, that means driving more business value from engineering dollars, and saving a tremendous amount of time, effort, and money on debugging.
“Rookout’s mission is to get to the heart of what developers actually care about,” said Shahar Fogel, CEO of Rookout. “Every engineering organization today is seeking to optimize velocity. Our solution offers code-level data extraction from any type of cloud-native environment.
"This funding round will further accelerate our product development towards our vision of developer-first observability.”
The company says its revenue has grown more than 20X since its last funding round, with dozens of Fortune 500 companies adopting the platform. Enterprise customers include Amdocs, Cisco, Dynatrace, Jobvite, Santander Bank, UPS and many more. Rookout has been recognized as a 2021 Cool Vendor in Monitoring and Observability by Gartner.
“We’ve been impressed with Rookout’s execution of its groundbreaking solution, alongside the rapid trajectory of its growing customer base and significant expansion momentum within the enterprise,” said Sharin Fisher Dibrov, partner at Fort Ross Ventures.
“We are coming to a third wave of observability tools which shifts everything further left, and we’re excited to support Rookout’s journey and backing Shahar, Liran, and the team as the category-defining leader in developer-first observability.”
Sharin will be joining Rookout’s board with this round.