Dynatrace’s Acquisition of Rookout: Expanding Observability Services
In a significant move, publicly traded Dynatrace has announced its plans to acquire Rookout, an Israeli-based observability startup. The acquisition aims to expand Dynatrace’s suite of observability tools by integrating code-level observability into production environments.
About Dynatrace and Rookout
Dynatrace is a leading provider of observability and security platforms. Its existing platform already offers comprehensive observability tools, enabling organizations to monitor, detect, and resolve issues in real-time. Rookout, on the other hand, specializes in providing code-level observability solutions that help developers troubleshoot and debug their code more efficiently.
The Acquisition: Enhancing Collaboration and Observability
With this acquisition, Dynatrace aims to embed Rookout’s capabilities into its existing platform, creating a seamless experience for development, IT, and security teams. This integration will enable these teams to use a single platform for all their observability needs, fostering better collaboration and reducing the time spent on manual activities.
The Benefits of Code-Level Observability
Code-level observability is an essential aspect of modern software development. It enables developers to monitor and debug their code in production environments, ensuring that issues are detected and resolved promptly. By integrating Rookout’s capabilities into its platform, Dynatrace will provide organizations with:
- Improved collaboration: Development, IT, and security teams can use a single platform for all their observability needs.
- Enhanced productivity: Code-level observability enables developers to focus on delivering business value rather than spending time on manual debugging activities.
- Real-time monitoring: Organizations can detect issues in real-time, reducing downtime and improving overall system performance.
Rookout’s Mission: Simplifying Debugging for Developers
According to Shahar Fogel, CEO at Rookout, the company’s mission is to make debugging easy and fast for developers. With this acquisition, Rookout aims to integrate its code-level observability capabilities into Dynatrace’s platform, leveraging AI and automation to accelerate its mission.
Financial Details and Rookout’s Funding History
While the acquisition price has not been disclosed, it’s worth noting that Rookout has raised a total of $28 million in funding. This includes a recent $16 million Series B round announced last year. Rookout’s investors include prominent firms such as Fort Ross Ventures, TLV Partners, and Cisco Investment.
Conclusion
Dynatrace’s acquisition of Rookout marks an exciting development in the observability space. By integrating code-level observability into its platform, Dynatrace is poised to set a new standard for developer-first, cloud-native observability. This move will undoubtedly benefit organizations by improving collaboration, enhancing productivity, and providing real-time monitoring capabilities.
Additional Resources
Related Topics
- Acquisition
- Dynatrace
- Enterprise
- Mergers and Acquisitions
- Observability
- Rookout
- Startups
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