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HomeFunding NYC-based Odigos Raises $13 Million in Funding

[Funding News] NYC-based Odigos Raises $13 Million in Funding

Odigos, eBPF-based observability platform transforming distributed tracing for modern applications has raised over $13 million in funding to drive the future of distributed tracing and observability.

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This latest funding round, led by Venture Guides with participation from Salesforce Ventures, Mango Capital, and Firestreak Ventures, marks a pivotal moment in our journey.

Read also – [Funding news] CA-based Race Communications Raises More than $500 Million in Additional Funding

It also honored to have the backing of industry pioneers like Y Combinator, Martin Mao of Chronosphere, Christine Yen of Honeycomb, Ben Sigelman of Lightstep and Yuri Shkuro of Meta. This new funding will fuel its efforts to expand product development and customer reach, empowering more organizations to gain deeper insights into their applications with minimal friction.

“Odigos supercharges any organization’s current monitoring solution by offering the only platform to provide complete observability without requiring code changes and performance overhead,” said Ari Recht, CEO and co-founder of Odigos. “We are excited to take on one of the foremost challenges engineers are facing today.”

“The Venture Guides team has extensive experience in the observability space, as both investors and operators of three generations of distributed APM, including Precise Software, Dynatrace, and Tracelytics,” said Mo Garad, Partner at Venture Guides and Odigos Board Member. “Odigos is bringing a disruptive approach to distributed tracing by offering customers a fully automated, low overhead solution that requires no application restart.”

Odigos uses eBPF to automate the implementation of distributed tracing. It is the only technology that is able to deliver automatic context propagation for fully accurate distributed tracing in OpenTelemetry, allowing customers to use Odigos with any observability tool.

About Odigos

Founded in 2023 by Ari Recht and Eden Federman, bring decades of experience in the tech industry. Ariā€™s leadership across various high-tech sectors and Edenā€™s pioneering work in eBPF and OpenTelemetry have shaped Odigos into the innovative force it is today. Odigos was built with a mission to simplify the complexities of distributed tracing, making it accessible and efficient for developers everywhere. Mango Capital was the first to believe in our vision, and we are extremely grateful for their support in helping us take those initial steps and lay the foundation for the platformā€™s success.

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