Checkly has raised $20 million in Series B funding led by Balderton Capital, bringing Checkly’s total funding to $32.25 million. We are also excited to welcome Colin Hanna, Partner at Balderton Capital, as a new member of the board. Existing investors Accel, CRV, and Paul H. Müller also participated.
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In conjunction with the funding announcement, Checkly is unveiling its new Checkly Traces feature, which will help engineers resolve issues even faster by connecting synthetics with tracing. In this way, engineers will have immediate insight into failures and will no longer need manual data correlation. As of June 2023, Checkly has completed over 5 billion API and browser checks for more than 800 customers. Among them are modern technology firms such as Vercel, 1Password, Scale, and Humio, and large organisations like Europe’s largest retailer.
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Hannes Lenke, CEO of Checkly, said: “Today, only a fraction of engineers have access to observability and monitoring tools, many of which don’t give modern development teams the insight, speed, scale, or accuracy they need. At Checkly, we bring monitoring to where engineering teams live and work—inside their code repositories. Monitoring as Code is the best way for teams to own and automate their monitoring. With our funding news and the announcement that we’re uniting synthetics with Checkly Traces, we’re thrilled to be able to continue empowering engineers to detect and resolve issues faster and easier than ever before.”
Colin Hanna, Partner at Balderton Capital, said, “Checkly approaches monitoring and observability with a fresh perspective. Monitoring as Code means empowering developers to own the reliability of their services, APIs, and applications. This shrinks both time to resolution and the cost of observability. Some of the world’s most sophisticated software companies, like Vercel and commercetools, appreciate the significance of this shift and are valuable customers. All of us at Balderton are deeply impressed with what Hannes and the team have already achieved and are grateful to be on the journey together.”
About Checkly
Founded in 2018, Checkly Build builds and runs synthetic monitoring that scales. Monitoring as code workflow for developers: programmable, fast, reliable. Checkly delivers advanced synthetic monitoring of APIs and web apps, with programmable monitoring-as-code workflows providing visibility at speed and scale in a developer-first platform. With Checkly, developers can identify bugs early and reduce downtime in production. Checkly is easy to get started with and seamlessly integrates into the modern development workflow.
