Hybrid-Cloud Monitoring Provider Sensu Raises $10 Million in Series A Funding

 

Sensu, a company with 20 employees founded in 2017 and located in the United States and Canada, has raised $10 million in Series A financing in a round led by Battery Ventures. Sensu intends to use the proceeds to beef up its sales and marketing operations; fund product development; and continue expanding the vibrant community of open-source developers contributing to Sensu’s technology.

Sensu’s products – already in use by large organizations in sectors such as finance and technology – are deployed on customers’ own infrastructure and allow IT, development and operations teams to “easily” monitor and collect metrics from throughout the hybrid cloud infrastructure stack. Then, customers can analyze that data through special dashboards to remediate IT-performance issues.

Downtime

“As more companies start using software to deliver value to customers, the availability of that software becomes even more important—even brief periods of downtime can result in big losses in revenue,” said Caleb Hailey, CEO of Sensu. “But monitoring all that software and related infrastructure today is challenging because of the increasingly complex workloads companies are managing across cloud and hybrid systems, often using software developed in new ways thanks to the adoption of containers and container orchestration systems. As a modern, full-stack monitoring company born in the cloud, Sensu is uniquely suited to help solve this problem.”

Existing investor Foundry Group, of Boulder, Colo., also participated. As part of the financing, Battery General Partner Dharmesh Thakker is joining Sensu’s board.

Azure, AWS, Google

The company’s technology is like a “central nervous system” for modern IT environments, said Battery’s Thakker, who has funded several open-source companies. “As cloud deployments across Amazon Web Services, Microsoft Azure, Google Cloud Platform and the private cloud have recently exploded, ushering in new container and serverless technologies, modern monitoring solutions like Sensu’s – which are displacing legacy infrastructure technologies like Nagios – have become mission-critical for companies supporting rapid innovation cycles.”

He added that much of Sensu’s early commercial traction, and success building a following in the open-source community, has been tied to the proliferation of hybrid cloud, a trend that Red Hat has “successfully” leveraged lately via its OpenShift container-application platform to drive more business.

Dharmesh Thakker was one of the authors of his firm’s Battery Open Source Software Index,” which was published last year and tracks 40 popular open-source projects based on several factors. Battery has also backed other technology companies in the Pacific Northwest, including Chef, a Web-scale, IT automation company.

Sensu currently operates as a fully distributed team, with 20 employees in the United States and Canada, and will soon open their first office in Portland, Oregon.

Cloudfest 2019