# SignalFx

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.signalfx.com
- Total disclosed funding: $179M
- Latest round: Series E (May 28, 2019)
- Investors on record: 4

## About

SignalFx, Inc. specializes in real-time observability solutions for cloud-native technologies, enabling organizations to monitor microservices and container environments effectively. Their platform empowers IT teams to enhance performance across diverse data landscapes.Founded in 2013 and headquartered in San Francisco, US, SignalFx, Inc. focuses on providing advanced monitoring solutions for cloud-native technologies. The company was acquired by Splunk Inc. in August 2019 for approximately USD 1.05 billion, marking a significant pivot in its operational strategy. The acquisition was completed in October 2019. CEO Karthik Rau leads the company, which has been involved in 8 funding deals, with the most recent deal occurring on August 21, 2019.SignalFx, now a part of Splunk, offers a robust data platform specifically designed for real-time observability of cloud-native technologies. Their core product focuses on monitoring and observing data generated from microservices, serverless functions, and container orchestrated environments, such as Docker and Kubernetes. This platform enables IT teams and developers to gain insights across diverse data landscapes, supporting a seamless workflow by integrating various data sources and application types. The client base includes organizations across multiple industries seeking to enhance operational efficiency and improve performance analytics. SignalFx's solutions are utilized in several geographical markets, including North America, Europe, and Asia-Pacific, targeting enterprises that are increasingly adopting cloud-native architectures.The revenue framework for SignalFx is structured around subscription-based models, providing clients with ongoing access to their real-time observability services. Clients typically enter into agreements that grant them access to the platform's capabilities, which may include monitoring services tailored to their specific infrastructure and needs. The transaction structure involves direct relationships with business-to-business clients, where enterprises pay a set fee for access to the platform, often customized based on usage levels and additional features. These partnerships enable companies to leverage SignalFx's advanced analytics tools to optimize their operations, ensuring they can effectively manage their cloud-native environments. Specific pricing plans and flagship products, such as the SignalFx Observability Cloud, contribute significantly to the company's revenue stream, although detailed pricing information is not disclosed.SignalFx's future growth strategy is bolstered by its acquisition by Splunk, where it can leverage combined resources to enhance its product offerings. Although specific upcoming products and dates have not been disclosed, the acquisition aligns with ambitions to expand the capabilities of their observability solutions. The company targets further expansion into new global markets, including Asia-Pacific and Europe, to accommodate the growing demand for cloud-native monitoring solutions. The recent acquisition deal of approximately USD 1.05 billion is expected to support these initiatives, enabling SignalFx to deepen its market penetration and improve its service offerings.

## Funding rounds

- Series E, May 28, 2019, $75M — CRV, General Catalyst Partners, Tiger Global Management, Andreessen Horowitz
- Series D, May 10, 2018, $45M — CRV, General Catalyst Partners, Andreessen Horowitz
- Series C, Nov 6, 2017, $15M — CRV, Andreessen Horowitz
- Series B, Oct 7, 2016, $15M — CRV, Andreessen Horowitz
- Series B, Jan 15, 2015, $20M — CRV, Andreessen Horowitz
- Series A, Apr 18, 2013, $0.3M — Andreessen Horowitz
- Series A, Mar 19, 2013, $8.2M — Andreessen Horowitz

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C, Series D, Series E
- CRV (https://capitalatlas.ai/funds/crv) — Series B, Series C, Series D, Series E
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series D, Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series E