Datadog Raises $94.5M in Series D Funding
Datadog, the leading SaaS-based monitoring platform for cloud applications, today announced it has raised $94.5M in an oversubscribed Series D funding round led by ICONIQ Capital with participation from existing investors Index Ventures, OpenView Ventures, Amplify Partners, Contour Ventures and other equity holders. The funding will be used for research and development of new product offerings and expansion of Datadog’s global operations in Europe, Asia and the Americas.
"Datadog is leading the way in how enterprises deploy and monitor their increasingly dynamic infrastructure," said Shardul Shah, Datadog board member and partner at Index Ventures. "We started the journey together with a beautifully-designed, easy-to-use product that delivered value to customers very quickly. We have incredible momentum, and we’re looking forward to tackling an enormous opportunity to drive the cloud infrastructure management market globally."


Atlantis Computing, the leading provider of Software-Defined Storage (SDS), today announced the expansion of its hyperconverged appliance product line with the introduction of the Atlantis HyperScale CX-4 model and the availability of all models on the Dell PowerEdge FX2 server platform. The CX-4 appliance is a two-node hyperconverged integrated system with compute, all-flash storage, networking and virtualization designed for remote offices, branch offices (ROBO) and micro data centers.