We raised $29 million in new funding. Here's what we're going to do with it

Home Blog We raised $29 million in new funding. Here's what we're going to do with it
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Today we are announcing an additional $29 million in funding to help Lumigo grow and provide the same powerful observability capabilities we brought to serverless to other cloud-native technologies, including containers and Kubernetes.

Lumigo was founded by Aviad Mor and me a few years ago because we believed the world would be rapidly moving to cloud-native architectures and that these technologies are transformative. Our goal was to create the tools that help developers realize this vision.

We started by focusing on AWS Lambda and the special requirements it had that were not addressed by traditional monitoring and observability tools. But very quickly, serverless itself expanded into a whole ecosystem of services, including DynamoDB, Kinesis, API Gateway, and AppSync.

As more and more developers started using the Lumigo platform, it became apparent that serverless technologies are not used in isolation and are often part of a larger architecture that includes container-based components and orchestrated by tools such as Kubernetes. The funding round we’re announcing today will allow us to continue to expand into these technologies and provide developers with a complete observability distributed tracing and debugging solution for any modern cloud-application.

And speaking of debugging:

For the past few months, we’ve been focused on extending our platform beyond observability and into debugging. Of course, we want you to know what’s going on in your system and where the problems are, but that’s not enough. We want to make it a breeze for developers to understand the end-to-end story of every request that goes through the system, find the root causes of issues and be able to easily address them. So debugging capabilities are going to continue to be a big part of our product roadmap going forward.

We’re excited to have some of the best names in our industry join our journey as investors and to thank them not only for believing in our vision but in the serverless and cloud-native market as a whole. The round, which brings Lumigo’s total funding to $37 million, was led by RedLine Capital, with the participation of Wing Venture Capital, Vertex Ventures US, and existing investors Pitango First, Grove Ventures, and Meron Capital.

We also want to thank our users around the world who trusted us, shared our vision and partnered with us on this exciting journey.

Photo of the Lumigo Team

Last but not least, Aviad and I are very grateful to the amazing Lumigo team for their brilliance, dedication, and hard work. None of this would have happened without you, and this is just the beginning, Lumigos!

Now is also a great opportunity to join our growing team. We are seeking marketing, product and sales roles, and of course, engineers. Head over to our Careers page.

Come join us and help developers around the world safely and easily adopt cloud-native technologies!

Oh, and have you tried Lumigo yet? Get your free account.