# Thundra

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.thundra.io
- Total disclosed funding: $4M
- Latest round: Series A (Nov 26, 2019)
- Investors on record: 3

## About

Thundra, Inc. is a Boston-based company specializing in observability and monitoring solutions for serverless applications, enhancing performance and reliability for developers and enterprises in cloud computing environments.Founded in 2017 and headquartered in Boston, US, Thundra, Inc. focuses on optimizing serverless architectures through its innovative monitoring solutions. The company has successfully completed two deals, with the most recent transaction occurring on April 18, 2023, where it was acquired by Catchpoint Systems Inc. from Battery Ventures, ScaleX Ventures, and York IE for undisclosed financial terms. The founder, Serkan Özal, had a significant history in the tech industry prior to establishing Thundra, contributing to its innovative approach in application performance monitoring. Thundra's latest funding round was a Series A, raising USD 4.00 mn, fully reflecting the total amount raised.Thundra specializes in observability and monitoring solutions for serverless applications, with its flagship product, Thundra APM (Application Performance Monitoring). This tool enhances the performance and reliability of serverless architectures by providing real-time insights into application performance. Developers can effectively monitor, trace, and troubleshoot their services across various programming languages, integrating seamlessly with major cloud providers such as AWS, Azure, and Google Cloud. Thundra primarily serves software development teams and organizations focused on optimizing cloud-native applications, addressing challenges in application monitoring and operational visibility.Thundra generates revenue through a subscription-based model, offering various pricing tiers to meet different customer needs. Clients can select plans that provide different levels of access to Thundra APM and additional features like advanced analytics and custom integration options. Their business model predominantly operates on a B2B structure, enabling enterprises to purchase subscriptions directly to manage serverless application performance efficiently. The clientele includes technology firms, e-commerce platforms, and financial institutions, all seeking effective solutions for their serverless operations.In light of its recent acquisition by Catchpoint Systems Inc. on April 18, 2023, Thundra plans to enhance its internet application monitoring capabilities. The integration is expected to bolster the product offerings of Catchpoint, with a focus on improving application performance solutions. Future initiatives will likely include the development of new features within Thundra APM, aligning with Catchpoint's strategy to strengthen its market presence in application monitoring and performance management.

## Funding rounds

- Series A, Nov 26, 2019, $4M — Battery Ventures, ScaleX Ventures, York IE

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A
- ScaleX Ventures — Series A
- York IE (https://capitalatlas.ai/funds/york-ie) — Series A