DevOps Monitoring Company Effx Raises $3.9 Million

By Annie Baker ● Jul 22, 2020
  • DevOps monitoring company Effx announced that it has raised $3.9 million in funding. These are the details.

DevOps monitoring company Effx announced that it has raised $3.9 million in funding, according to TechCrunch. This round of funding was led by Kleiner Perkins and Cowboy Ventures. Other investors and angels that joined this round of funding include Tokyo Black, Essence VC Fund, Jason Warner, Michael Stoppelman, Vijay Pandurangan, and Miles Grimshaw.

Effx is known for providing developers with better insights into microservice architectures. Effx founder and CEO Joey Parsons previously worked at companies like Rackspace, Flipboard, and Airbnb. At Airbnb, he helped build the company’s site reliability operations.

Airbnb’s original platform was built on Ruby on Rails and that was challenging to scale. So Parsons’ team broke up the platform into micro-services. However, micro-services also come with some challenges as they are constantly changing as well.

While working at Airbnb, Parsons’ team create a small metastore for tracking what all of the micro-services did and who owned it along with the language that it was written in. When Parsons left Airbnb, he worked at Kleiner Perkins as an entrepreneur-in-residence and built out a similar idea that he worked on at Airbnb. Kleiner Perkins gave him a small amount of money to hire an initial engineering team in 2019 and test the product out with several pilot customers.

Effx is able to offers engineers insights for seeing all of the information they need to see about the microservices that were deployed across their organization. This makes it easier for companies to troubleshoot issues as the platform can help developers see which services were changed in case something breaks.

With the funding, Effx will be pursuing more customers and it will hire more engineers. Plus they will be adding more integrations and develop new ways to help customers make use of the data.