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SignalFx is a SaaS-based monitoring and analytics company headquartered in San Mateo, California. It allows customers to analyze, visualize, automate, and alert on metrics data from infrastructure, applications, microservices, containers, and functions.[1][2] The platform uses a streaming architecture to separate metric data points into two streams: one for metadata and one for time-series values. These data streams are routed through a pub-sub bus to SignalFlow, an analytics language accessible via the SignalFx GUI and programmable APIs. The platform can handle millions of data points per second at a 1-second resolution, achieving less than 2 seconds of latency from ingestion to alerting.[3][4]

History

SignalFx was co-founded by Karthik Rau and Phillip Liu in February 2013. SignalFx received $8.5 million in a Series A investment from Andreessen Horowitz, adding Ben Horowitz to its board.[5] In 2015, SignalFx received $20 million in Series B funding led by Charles River Ventures, with participation from Andreessen Horowitz, adding Devdutt Yellurkar to its board.[6][7][8][9] In May 2018, SignalFx announced its Series D funding of $45 million led by General Catalyst, with participation from the existing investors Andreessen Horowitz and Charles River Ventures. In June 2019, the company raised $75 million in its Series E round led by Tiger Global Management, bringing the company's total funding to $179 million since its founding.[10]

SignalFx serves over a hundred customers, including Athenahealth, Chairish, Ellie Mae, Carbonblack, Kayak, Shutterfly, Sunrun, and Yelp.[11][12]

SignalFx was acquired by Splunk on 21 August 2019 for $1.05 billion to help improve Splunk's capabilities in cloud-native observability and APM, making it a part of Splunk’s Observability Suite.[13][14] The acquisition occurred in two parts; 60% or $630,000,000 in cash, and 40% in Splunk common stock (SPLK). The deal closed on the second day of the 2020 fiscal year, October 2, 2019.[15]

References

  1. ^ Ron Miller (12 March 2015). "SignalFX Emerges From Stealth To Modernize Cloud Application Monitoring". Techcrunch. Retrieved 15 June 2016.
  2. ^ "A Look Inside SignalFX's New San Mateo Headquarters". Office lovin. 2 November 2015. Retrieved 15 June 2016.
  3. ^ Alex Williams (12 March 2015). "SignalFx, a SaaS to Monitor Apps at Any Scale". The New Stack. Retrieved 15 June 2016.
  4. ^ Paul Gillin (12 March 2015). "SignalFx exits stealth with a whole new approach to application monitoring". Silicon Angle. Retrieved 15 June 2016.
  5. ^ Gina Hall (12 March 2015). "SignalFX emerges from stealth with $28.5M in funding". Biz Journals. Retrieved 15 June 2016.
  6. ^ Jordan Novet (12 March 2015). "SignalFuse rebrands as SignalFx with an infrastructure-monitoring app and $28.5M". Venturebeat. Retrieved 15 June 2016.
  7. ^ Ben Kepes (12 March 2015). "SignalFX Emerges From Stealth Replete With New $20M Funding". Forbes. Retrieved 15 June 2016.
  8. ^ Gage, Deborah (12 March 2015). "SignalFX Signs In With $28.5M for Application Monitoring". The Wall Street Journal.
  9. ^ Bernadette Tansey (12 March 2015). "SignalFx Raises $20M, Launches Monitoring Tool for Web-Based Apps". Xconomy. Retrieved 15 June 2016.
  10. ^ Wiggers, Kyle (12 June 2019). "SignalFx raises $75 million to monitor cloud apps, services, and environments in real time". VentureBeat.
  11. ^ "SignalFx Emerges from Stealth and Unveils Advanced Monitoring Platform". APM Digest. 12 March 2015. Retrieved 15 June 2016.
  12. ^ "Customers | SignalFx". SignalFx. Retrieved 2016-06-15.
  13. ^ Wiggers, Kyle (21 August 2019). "Splunk acquires cloud monitoring platform SignalFx for $1.05 billion". VentureBeat.
  14. ^ "Splunk to Acquire Cloud Monitoring Leader SignalFx". Splunk. Retrieved 2025-01-29.
  15. ^ "Splunk Closes Acquisition of Cloud Monitoring Leader SignalFx". Splunk. Retrieved 2025-01-29.


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