Israel Software SENSE by yourDragonXi Δ 27th of April 2017 Ω 12:49 PM

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«Software Sensing	Θ	Θ
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~ OverOps

»www.overops.com

OverOps raised $30 million to help developers debug code
raised $30 million in a Series C round of funding
led by Lightspeed Venture Partners, with participation from Menlo Ventures

founded out of Israel in 2011 as Takipi
changed its name to OverOps to reflect its push into the broader DevOps realm
mission is to rid the world of application logs
through performing code analysis and tracking code changes
to first detect bugs and then highlight the specific source code and
variable state that caused the break
OverOps works on live apps in real-time, monitoring them after release

had raised around $20 million before
plans to scale its efforts in the enterprise IT operations market

with the move to microservices, containers, and continuous deployment,
fixing production issues still heavily relies on log files,
a 20-year-old technology that hasn’t changed since it was created

goal is to enable teams to focus on building products and features rather than fixing broken applications

Menlo Park-based Lightspeed also led the company’s previous $15 million Series B round

another of its software reliability portfolio companies, AppDynamics, was snapped up by Cisco in a $3.7 billion deal

OverOps’ client list includes
Samsung,
Comcast,
Zynga,
Nielsen,
TripAdvisor

has achieved 500 percent year-on-year revenue growth over the past 12 months
has more than 250 enterprise clients

the global software testing market as a $34 billion industry
a number of companies operating in that realm have raised some big rounds of late,
including Austria’s Tricentis, which closed a chunky $165 million round

Mass.-based app-testing startup Applause closed a $35 million round
San Francisco’s Sauce Labs closed a $70 million venture round

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