Instana

Instana is a German-American software firm[2] based in Solingen[1] as well as Chicago and San Francisco.[3][4] It specialises in developing application performance management (APM) software.[5][6]

Instana
TypeStart-up[1]
FoundedApril 2015 (2015-04) in Solingen, Germany
Founders
  • Mirko Novakovic
  • Pete Abrams
  • Fabian Lange
  • Pavlo Baron
Websitewww.instana.com 

Products

Instana's software solution is intended particularly for use in monitoring and managing the performance of software used in microservice architectures,[7] and permits 3D visualisation of performance[8] through graphs generated using machine learning algorithms, with notifications regarding performance also generated automatically.[9] Instana's Application Performance Monitoring (APM) tool of the same name is especially purposed for monitoring software used in so-called "container orchestration" (a modular method of providing a software service).[10]

History

The firm was founded in April 2015[9] by Mirko Novakovic, Pete Abrams, Fabian Lange, and Pavlo Baron[5] as a spin-off of Codecentric (which was founded in 2005).[2]

By December 2017, it had received a total of $26 million from investors,[11] and by October 2018, this had risen to a total of $57 million.[12] However this investment came primarily from outside Germany.[13] $20 million of this funding was raised in the series B round led by Accel Partners [14] whilst $30 million of this total was raised in the series C round led by Meritech Capital Partners.[6][1][4] In February 2019 the company employed more than 100 employees in different sites around Solingen,[15] including in the suburb of Ohligs.[16]

In November 2020, IBM, as part of continuing investments in big data and AIs, announced an agreement to acquire Instana[17]

References
  1. Rabenschlag, René (28 December 2018). "Silicon Valley investiert in Solingen". Lokalzeit Bergisches Land. WDR. WDR. Retrieved 2 October 2019.
  2. Maas, Marie-Charlotte (29 September 2018). "Instana: 30 Millionen US-Dollar für Solinger Software-Start-up". Wirtschafts Woche. Retrieved 25 September 2019.
  3. "Instana zieht zur Prinzenstraße". RP Online. 23 May 2019. Retrieved 25 September 2019.
  4. Schnor, Pauline (26 September 2018). "Solinger Software-Startup bekommt 30 Millionen Dollar von Facebook-Investoren". Gruenderszene. Retrieved 3 October 2019.
  5. Steger, Johannes (14 December 2017). "Das Silicon Valley entdeckt Solingen". Handelsblatt. Retrieved 25 September 2019.
  6. Marinova, Polina (27 September 2018). "Term Sheet — Thursday, September 27". Fortune. Retrieved 25 September 2019.
  7. Heinrich, Robert; van Hoorn, André; Knoche, Holger; Li, Fei; Lwakatare, Lucy Ellen; Pahl, Claus; Schulte, Stefan; Wettinger, Johannes (4 Apr 2017). "Performance Engineering for Microservices: Research Challenges and Directions" (PDF). ICPE '17 Companion/GEOMAR: 3.
  8. Barakat, Saman (May 2017). "Monitoring and Analysis of Microservices Performance". Journal of Computer Science and Control Systems. 10 (1): 22. Retrieved 25 September 2019.
  9. Sharma, Umesh Ram (28 Jul 2017). Practical Microservices. Packt Publishing Ltd. pp. 211–212. ISBN 978-1785880162. Retrieved 25 September 2019.
  10. Seifermann, Valentin (2017). "Application Performance Monitoring in Microservice-Based Systems": 18. doi:10.18419/opus-9827. Retrieved 25 September 2019. Cite journal requires |journal= (help)
  11. Lardinois, Frederic (14 December 2017). "Instana raises $20 million for its microservice monitoring and management service". TechCrunch. Retrieved 25 September 2019.
  12. Schnor, Pauline (13 October 2018). "Mit 30 Millionen Dollar schmeißt man keine Party". Die Welt. Retrieved 25 September 2019.
  13. Schäfer, Ulrich (15 January 2019). "Jenseits von Solingen". Süddeutsche Zeitung. Retrieved 25 September 2019.
  14. Marinova, Polina (14 December 2017). "Term Sheet — Friday, December 14". Fortune. Retrieved 25 September 2019.
  15. "Instana-Umzug nach Hackhausen geplatzt". RP Online. 7 February 2019. Retrieved 25 September 2019.
  16. Prinz, Stefan (24 May 2019). "Ohligs: Unternehmer investiert Millionen". Solinger Tageblatt. Retrieved 25 September 2019.
  17. "IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy". IBM News Room. Retrieved 2020-11-18.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.