Dataloop.IO Raises $5M in Series A

What does Dataloop.IO do?

Dataloop.IO, is an innovator in cloud IT monitoring whose products will help in organizations saving money and time. The company offers DevOps Monitoring for Online Services. It is a new startup in the IT infrastructure Monitoring space which focused on building new tools for monitoring for the DevOps/Operations team which run Cloud services on scale. Their Cloud services reduct the time taken for setting up and deploying of monitoring significanly. It also lowers the friction of writing and deploying new monitoring scripts so that the teams can get complete coverage irrespective of how quickly the environment is changing.

How much Dataloop.IO was funded?

Dataloop.IO raised $5M in Series A on June 20, 2016 from Battery Ventures and Open Ocean.

Previous funding

£480k on September 29, 2014 from Nic Brisbourne, Troy Collins, Andy McLoughlin, John Powell, Forward Partners, Dimitar Stanimiroff

Undisclosed amount raised in undisclosed round on March 9, 2015 from Microsoft Accelerator

Undisclosed amount on November 9, 2015 from Firestartr

What is next for Dataloop.IO?

The company’s product is in use already with customers such as Criteo, BBC Worldwide and  Moz.com. The company plans on using the funds for ramping up product development, marketing and sales. The company is opening a new headquarters in San Francisco for attracting talent and building on its sales momentum in the country. The company is at the forefront of some of the biggest trends shapind IT industry today, such as the rise of microservices and cloud computing.

More about Dataloop.IO

The company was founded on October 21, 2013 by David Gildeh, Colin Hemmings and Steven Acreman. It has its headquarters in London. It is an emerging software firm on the cutting edge of the major information technology infrastructure trends including microservices and cloud computing. The company was founded in United Kingdom but is now based in San Francisco. It is developing the next gen cloud monitoring for Devops and microservices. The company is different from other IT monitoring tools in the aspect that its focus is on making cloud monitoring a self service platform which many people in the organization can make use of.