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0.00383386581469652 0.00284025559105439 -0.00399361022364217 -0.0089456869009585 -0.0111821086261981 -0.0140575079872205 -0.0221445686900958 -0.0198083067092652
Stock impact report

REFILE-Software startup Observe raises $115 mln from Sutter Hill Ventures, Snowflake [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
resolve issues in app systems, said on Wednesday it had raised $115 million in a funding round that was led by private equity firm Sutter Hill Ventures and also included the venture capital arm of cloud firm Snowflake . The latest round of funding took the total amount raised to $210 million. Existing investors Capital One Ventures and Madrona also participated in the round. Observe plans to use the funds to help expand its North American presence. The startup is trying to stand out in the market for tools that identify failures in complex application systems with a one-stop-shop solution that can replace the cloud monitoring and analytics services offered by firms such as New Relic, Datadog, and Splunk, which was recently bought by Cisco for $28 billion. The San Mateo, California-based startup's services are cheaper than its bigger rivals, which has helped it secure about 100 clients including Capital One, Reveal and Top Golf. "It is not good enough to just be cheaper. You Show less Read more
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