- Rollbar, a provider of real-time error monitoring Software as a Service, announced it raised $11 million in Series B funding
Rollbar, a provider of real-time error monitoring Software as a Service, announced it raised $11 million in Series B funding. This round of funding was led by Runa Capital. Long Light Capital and Blossom Street Ventures also participated in this round along with existing investors Cota Capital, Bain Capital, and Patagonia Capital. In connection with the funding, Dmitry Galperin from Runa Capital will take a board seat.
It has become essential for businesses to see, understand, and resolve problems in real-time across the entire software development lifecycle through automated response. Rollbar is known for providing an automated error response platform centered around its proprietary and customizable grouping engine. And its solution offers workflow capabilities and integrates seamlessly into the modern development stack.
Rollbar helps developers deploy better software, and faster with solutions that identify, prioritize and resolve coding errors. And Rollbar works alongside a development team’s existing tool chain to give greater coverage and insights into broken code, across the development lifecycle. The company’s platform is used by thousands of companies like Salesforce, Twilio, Uber, Instacart, Twitch, and Kayak.
With this round of funding, Rollbar plans to double its headcount across all divisions at company offices in the United States, Budapest, and Barcelona. And the company will recruit for additional sales and engineering roles to assist with existing and new product development, and improve customer experience and support.
Key Quotes:
“Traditional monitoring doesn’t give developers what they need to understand and respond to massive amounts of machine data. Developers need a better way to see where they’re going. We’re already working with more than 100,000 developers at over 4,000 customers, such as Twilio, Branch, Salesforce and Instacart to help them iterate faster and with more confidence. We’re pleased with the support from Runa Capital as we scale our company.”
-Brian Rue, CEO and Co-Founder of Rollbar.
“Rollbar lets cloud native teams find and fix errors in code faster, and has recently made impressive inroads to help enterprise customers iterate throughout the software development lifecycle. We’re excited to partner with Rollbar as it improves the quality of software that we all use and offers the right balance between cost, pace of code delivery and quality.”
– Dmitry Galperin, Partner at Runa Capital
“Rollbar allows us to go from alerting to impact analysis and resolution in a matter of minutes. It’s fully ingrained into our development cycle and monitoring. Without it, we would be flying blind.”
-Arnaud Ferreri, Director of Engineering at Instacart
