San Francisco, CA ; 3/5/20
Amount Funded: $11 Million
Type: Series B
Lead Investor: Runa Capital
Participating Investor(s): Long Light Capital, Blossom Street Ventures (new investors), Cota Capital, Bain Capital, Patagonia Capital
Company Description: Rollbar helps developers deploy better software, faster, with solutions that identify, prioritize and resolve coding errors. Rollbar works alongside a development team’s existing tool chain to give greater coverage and insights into broken code, across the development lifecycle. Used by thousands of companies, such as Salesforce, Twilio, Uber, Instacart, Twitch, and Kayak, Rollbar has won accolades for its ability to accelerate release cycles, reduce costs and improve software quality.
What funding will be used for: Adding additional sales and engineering staff in its U.S., Budapest and Barcelona offices, develop new product, improve customer service and support.
“Traditional monitoring doesn’t give developers what they need to understand and respond to massive amounts of machine data. Developers need a better way to see where they’re going. We’re already working with more than 100,000 developers at over 4,000 customers, such as Twilio, Branch, Salesforce and Instacart to help them iterate faster and with more confidence. We’re pleased with the support from Runa Capital as we scale our company.”
-Brian Rue, CEO and Co-Founder, Rollbar
“Rollbar lets cloud native teams find and fix errors in code faster, and has recently made impressive inroads to help enterprise customers iterate throughout the software development lifecycle. We’re excited to partner with Rollbar as it improves the quality of software that we all use and offers the right balance between cost, pace of code delivery and quality.”
-Dmitry Galperin, Partner, Runa Capital
- Dmitry Galperin (Runa Capital) will be joining Rollbar’s board of directors.
Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy.