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Cloud News: Datadog Raises $15 Million

Datadog raises $15 million to grow its SaaS monitoring and data analytics platform, British Airways selects Red Hat Enterprise virtualization to handle additional Linux workloads in its infrastructure, and TIBCO takes its Spotfire data discovery and visualization platform to the cloud.

British Airways selects Red Hat Enterprise virtualization to handle additional Linux workloads in its infrastructure, TIBCO takes its Spotfire data discovery and visualization platform to the cloud, and Datadog raises $15 million to grow its SaaS monitoring and data analytics platform.

Datadog raises $15 million. Software as a Sevice monitoring and data analytics platform provider Datadog announced that it has raised $15 million in a Series B round led by OpenView Venture Partners, with follow-on investments from Index Ventures, RTP Ventures, Amplify Partners, IA Ventures and Contour Ventures. Dev Ittycheria, OpenView’s Managing Director and former Founder and CEO of BladeLogic, will join the company’s board of directors. The company will use the funds to accelerate the development of its next-generation monitoring platform, grow its engineering division and expand its sales and marketing teams in New York and Boston to meet the increasing market demand. “Increasingly organizations are shifting their computing workloads from static on-premise infrastructure to elastically scaling clouds,” said Ittycheria. “Easily adding and changing compute capacity is a major benefit of the cloud, but also introduces a level of dynamism that overwhelms legacy monitoring systems. Datadog has created a monitoring platform that has been explicitly designed to monitor highly elastic compute environments on public or private clouds as well as to support traditional computing infrastructure.”

Red Hat selected by British Airways for Enterprise Virtualization. Red Hat (RHT) announced that British Airways has deployed Red Hat Enterprise Virtualization on its infrastructure. British Airways was looking for a solution that would support their projected future growth and anticipated additional e-commerce traffic. Red Hat Enterprise Virtualization was selected as the best solution for its Linux workloads for the production environment that supports its website and other workloads such as internal applications, both pre-production and production. “We use Red Hat Enterprise Virtualization to create our own cloud so that our developers can use it to build their own virtual machines and hence build and control environments as they wish," said Richard Dawson, a Unix and Linux infrastructure consultant for British Airways. "We have used Red Hat solutions in various parts of our business for ten years, and we are pleased to continue our long-standing relationship by deploying Red Hat Enterprise Virtualization. As developers need to create and delete environments quickly, a highly scalable solution is critical for us and this advantage then means that we don’t need to over-commit on our IT plans."

TIBCO launches Spotfire Cloud. TIBCO Software (TIBX) announced the public launch of the cloud-based version of the TIBCO Spotfire data discovery and visualization platform, TIBCO Spotfire Cloud. Spotfire Cloud offers the rich, visual analytics of other TIBCO Spotfire products, while at the same time giving organizations the capability to deploy analytics as a hosted service so they can make data-driven decisions more quickly than ever. It is offered in Personal, Work Group, and Enterprise editions. "As cloud technologies become an increasingly large part of businesses' IT infrastructure, it's critical that TIBCO is able to offer valuable solutions that support these technologies," said Matt Quinn, chief technology officer, TIBCO. "Over the past year, we've been committed to developing and acquiring the foremost cloud services that enable businesses to discover new ways of connecting people, derive intelligence, and improve operational efficiency. With Spotfire Cloud, we are confident we can deliver best-in-class analytics services for individuals, teams, and enterprises."

TAGS: Hardware
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