Sysdig Raises $15M in Series B Funding
May 20, 2016

Sysdig, a provider of container-native monitoring, announced a $15 million Series B funding round by existing investors Accel and Bain Capital Ventures.

Sysdig will use the funds to accelerate growth, to continue building out its core technology for container and microservice environments, and to scale its operations and world-class support infrastructure to meet growing demand.

“Containers are the building block for microservices, and represent the next great platform shift for software developers in enterprises of all sizes,” said Loris Degioanni, CEO and founder of Sysdig. “While containers deliver efficiency and agility for developers, they introduce additional complexity for monitoring, troubleshooting, and operating production environments. Sysdig was born to address these specific needs for containers and the microservices built on top of them.”

Accel Partners and Bain Capital Ventures co-led this round of funding. “Containers will address the majority of use cases that heavier virtual machines do today, plus more that virtual machines cannot,” said Salil Deshpande, Managing Director at Bain Capital Ventures, who joins the board of Sysdig. “What’s needed now is software that natively understands containers, applications running within them, and services built on top of them. Sysdig has all of these capabilities and more.”

Sysdig Cloud is based on sysdig, the open source troubleshooting tool that has been downloaded by hundreds of thousands of developers, devops, and sysadmins around the world. Its patent‐pending ContainerVision™ technology provides deep, request‐level visibility inside containers without invasive instrumentation. This approach succeeds for container monitoring where legacy monitoring fails, and at the same time makes monitoring applications and microservices simpler and more robust.

Customers are adopting Sysdig cloud for the ability to monitor production environments that require deep visibility into not only containers but also the microservices built on top of them. Chris Crane, VP of Product at Sysdig noted, “Our strategy combines container-native monitoring with native integration across ecosystem players like Docker, Kubernetes, and Mesosphere, as well as cloud providers like AWS and Google. These native integrations customers service-oriented visibility, and the flexibility to choose the right mix of tools for their environment.”

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