# Epsagon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/epsagon

- Industry: Software
- Headquarters: New York, US
- Website: www.epsagon.com
- Total disclosed funding: $20M
- Latest round: Series A (Jan 16, 2020)
- Investors on record: 3

## About

Based in New York, US, and founded in 2018 by CEO Nitzan Shapira and CTO Ran Ribenzaft, Epsagon Ltd. operates as a serverless application monitoring company. In July 2020, Epsagon Ltd. raised USD 10 million in venture funding led by new investor Deutsche Telekom Capital Partners. The firm raised a total funding of USD 30.1 million in 2020 before being acquired by Cisco Services, Inc. in August 2021 for USD 500 million. The company employs 40 people in offices in New York, San Francisco, and Tel Aviv as of July 2020.

The company provides a software-as-a-service platform that allows Dev and Ops teams to troubleshoot and fix issues by providing automated data. Its platform performs automated tracing for root cause analysis of issues in serverless and container-based development. The firm's platform also enables organizations to set up encryption alerts and monitor issues.

The firm generates revenue by providing subscription plans that start at USD 89 per month for professional features.

Epsagon Ltd. intends to use the venture funding received in 2020 to expedite the development of additional capabilities of the platform and penetrate new geographical markets.

## Funding rounds

- Series A, Jan 16, 2020, $16M — Lightspeed Venture Partners, US Venture Partners, StageOne Ventures
- Seed, Mar 7, 2018, $4.1M — Lightspeed Venture Partners, StageOne Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A
- StageOne Ventures (https://capitalatlas.ai/funds/stageone-ventures) — Seed, Series A
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A