Application Observability Startup Thundra Raises $4 Million In Series A Funding.

Application Observability Startup Thundra Raises $4 Million In Series A Funding

by NeoTech Post

Thundra, an enterprise application observability and security platform for serverless-centric, container, and virtual machine workloads, raised $4 million in Series A funding.

Battery Ventures led the funding round, with participation from venture fund York IE and Berkay Mollamustafaoglu (the founder of Opsgenie). 

As part of the investment, Neeraj Agrawal, General Partner at Battery Ventures, joined the Thundra board of directors. 

The company plans to use the new funds to accelerate its product innovation and scale its marketing and sales teams in North America and Europe.

Thundra, a spinout of Opsgenie, which Atlassian acquired earlier this year, manages large-scale microservice applications across development, testing, staging, and production environments. 

The Thundra application observability and security platform provides end-to-end visibility, anomaly detection, debugging, troubleshooting, alerting, and automated actions for serverless-centric, container, and virtual machine workloads. Thundra can offer application management, security, and compliance together in a manner that pinpoints down to the line of code if there is an issue. 

“Enterprises must innovate quickly or die,” said Izzy Azeri, a seasoned entrepreneur who serves as an independent director on the Thundra board. “Those who are first to adopt cloud-native, serverless-centric applications gain a powerful capability to out-innovate competitors. Thundra dramatically reduces the friction enterprises face when moving to cloud-native applications composed of microservices, consolidating capabilities typically provided by numerous complex tools while also doing the hard part, delivering greater value than all of those tools combined.”

“Ensuring application health is increasingly complex, with enterprises struggling to understand application behavior as they adopt new architectures and technologies, including microservices and serverless services,” said Nancy Gohring, senior analyst at 451 Research. “Organizations are looking for tools that can be shared across teams and that deliver unified insight into applications composed of microservices.”