Announcing Our Investment In Streamdal

We’re excited to announce that we led Streamdal’s $5.4M Seed round with participation from Crosscut Ventures and Verissimo Ventures.

As new data architectures are created and the proliferation of distributed systems deepens, current application performance monitoring (APM) and observability offerings can’t keep up. While great at capturing operational metrics, they offer limited application views, are easily broken, and require engineering teams to manually decode their distributed systems.

Streamdal is defining a new category in APM with an end-to-end streaming data performance solution that monitors, traces, and governs data in any event-driven architecture at any scale. Streamdal is already processing billions of events for customers including Recharge and ParkMobile and has over 150,000 downloads for its open-source tool, Plumber.

Streamdal is founded by Ustin Zarubin and Daniel Selans, who encountered numerous data streaming challenges firsthand in previous roles at having worked at New Relic, InVision, DigitalOcean, Community.com, and others.

Congratulations to the entire team!

Check out more coverage about the team and what they’re building in TechCrunch!