Checkly – a leading provider of synthetic monitoring powered by Monitoring as Code (MaC) and Playwright – announced it has raised a $20 million Series B funding round led by Balderton Capital. Existing investors Accel, CRV, and Paul H. Müller also participated.
Launched in 2020, Checkly is on a mission to enable engineers to detect and resolve issues 10x faster through code-first synthetic monitoring that helps engineering teams through a code-first workflow. And Checkly offers the most effective solutions for developers for proactive issue detection, before users realize there’s a problem.
Quick detection and resolution of issues is business-critical to prevent costly downtime and to meet customer expectations. But very few engineers have access to full observability and monitoring tools, and many of these tools still run in silos, managed separately from the app or API’s code. This disconnect means the average time to repair faults is more than an hour for most businesses (82%).
By integrating advanced, proactive and purpose-built synthetic monitoring tools inside repositories, Checkly ensures monitoring is always in sync with the latest code changes. And engineers and developers can simulate user interactions continuously in 20+ remote locations worldwide using automated Playwright scripts, and get automatic, real-time, accurate alerts alongside detailed insights that help them turn alerts into action. This makes it easier for developers to track and manage everything in one place while also helping catch issues early.
Checkly’s developer-first approach is tightly integrated and up to 80% cheaper than legacy tools and is being used by over 1,000 customers. And thousands of developers run 32.5 million million checks on the Checkly platform each day and the platform has seen 3x growth among enterprise customers.
Checkly’s co-founders, CEO Hannes Lenke, Chief Evangelist Tim Nolet, and COO Timo Euteneuer, have a deep understanding of the software development cycle and proven experience building companies in web monitoring and observability.
And with the new funding round, Checkly plans to grow its teams, expand its reach, and further develop its code-first monitoring platform to support even faster remediation. This brings Checkly’s total funding to $32.25 million and will see Balderton Capital Partner, Colin Hanna join Checkly’s board of directors, bringing insights and expertise to the company’s growth.
In connection with the funding announcement, Checkly is unveiling its new Checkly Traces feature – which will help engineers resolve issues even faster by connecting synthetics with tracing. In this way, engineers will have immediate insight into failures and will no longer need manual data correlation.
KEY QUOTES:
“Today, only a fraction of engineers have access to observability and monitoring tools, many of which don’t give modern development teams the insight, speed, scale or accuracy they need. At Checkly, we bring monitoring to where Engineering teams live and work – inside their code repositories. Monitoring as Code is the best way for teams to own and automate their monitoring. With our funding news, and the announcement that we’re uniting synthetics with Checkly Traces, we’re thrilled to be able to continue empowering engineers to detect and resolve issues faster and easier than ever before.”
- Hannes Lenke, CEO of Checkly – who was previously co-founder and CEO TestObject (acquired by Sauce Labs)
“Checkly approaches monitoring and observability with a fresh perspective. Monitoring as Code means empowering developers to own the reliability of their services, APIs, and applications. This shrinks both time to resolution and the cost of observability. Some of the world’s most sophisticated software companies, like Vercel and commercetools, appreciate the significance of this shift and are valuable customers. All of us at Balderton are deeply impressed with what Hannes and the team have already achieved and are grateful to be on the journey together.”
- Colin Hanna, Partner at Balderton Capital
“Using Checkly levels up your team to the point where it starts to feel like an unfair advantage. We’ve had end-to-end monitors written on many projects, and the risk is they start to die and become unmaintainable. Part of that is because of difficulties unpicking what’s actually happening under the hood. Checkly Traces changes all that, making observability seamless and effective. It provides us with the necessary insights to pinpoint issues and optimize our caching strategy. The straightforward onboarding and automated trace correlation have made our troubleshooting process much faster and more efficient.”
- James Hall, Founder at Parallax
