Datadog Obtains $31,000,000 Series C Financing Round

  • Feed Type
  • Date
    1/29/2015
  • Company Name
    Datadog
  • Mailing Address
    286 Fifth Avenue 12th Floor New York, NY 10001 USA
  • Company Description
    Datadog is a service for IT, Operations and Development teams who write and run applications at scale, and want to turn the massive amounts of data produced by their apps, tools and services into actionable insight.
  • Website
    http://www.datadoghq.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $31,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    In addition to ramping up sales and marketing as you would expect, the company is also looking to beef up its research and development, and is hoping to add new services to the dashboard over the next year to increase the number it can monitor. Datadog plans to triple its current 75 employee work force over the next year.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor