Lumigo Raises $29M to Enhance Cloud Application Monitoring

Lumigo Secures $29 Million in Series A Funding

Lumigo, a platform specializing in cloud-native application monitoring and debugging, has announced the successful completion of a $29 million Series A funding round. This investment was spearheaded by Redline Capital.

Wing Venture Capital and Vertex Ventures US contributed to the round, alongside existing investors Meron Capital, Pitango First, and Grove Ventures. This latest funding brings the company’s total raised capital to $38 million since its inception in 2019.

Expanding Monitoring Capabilities

Initially, Lumigo concentrated on distributed tracing for serverless environments, including AWS’ API Gateway, DynamoDB, S3, and Lambda. However, the company is now broadening the scope of its SaaS offering to encompass both containers and virtual machines.

The platform empowers organizations to visualize every transaction within their network. This allows for a clear understanding of data flow between services and facilitates rapid issue diagnosis when disruptions occur.

Service Offerings and Customer Base

Lumigo provides a tiered service model, including a paid SaaS option with a free tier. Additionally, a complimentary command line tool is available for analyzing and optimizing services built on AWS Lambda and Kinesis.

Currently, Lumigo serves a diverse clientele, including prominent companies such as Medtronic, Vimeo, and Sonos.

Designed for Cloud-Native Environments

“Many existing Observability platforms have simply added serverless features to older, established products,” explained Lumigo CEO Erez Berkner. “Lumigo was specifically engineered for cloud-native environments from the outset.”

This foundational design allows Lumigo to deliver specialized monitoring, distributed tracing, and debugging capabilities. These features are tailored to modern cloud technologies and extend effectively to containers and Kubernetes.

Addressing the Challenges of Scale

Berkner emphasized the necessity for Lumigo to keep pace with the increasing adoption of cloud services by enterprises. Maintaining this velocity is crucial to establishing the platform as the standard for observability in cloud-native applications.

“The task of correlating millions of log entries, traces, and metrics across distributed services is exceptionally challenging, and this complexity intensifies with scale,” stated Benno Jering, partner at Redline Capital.

“Lumigo’s solution addresses a growing problem for cloud-native applications: the ability to understand applications as integrated systems, rather than isolated components.”