Scalyr Blows Past 175 Customers, Accelerates Annual Recurring Revenue
Log Management Platform Addresses Critical Need in DevOps Front Line
SAN MATEO, Calif.--(BUSINESS WIRE)--Scalyr, the blazing fast log management platform for the DevOps front line, today announced rapid customer adoption and revenue growth, with more than 175 customers, tripling of annual revenue, and a 99 percent revenue renewal rate. Scalyr ingests up to tens of terabytes of log data per customer each day.
Tweet this: DevOps finally gets log management that’s fast, simple, and shareable.
Unlike traditional log management tools built for IT cost centers, Scalyr’s log management platform was architected for engineers who are at the forefront of software development, building and releasing code multiple times per day. This software delivery model is now common in businesses with customer-facing applications such as e-commerce, media, service economy, gaming, telecommunications, business services, big data and analytics, and the Internet of Things (IoT).
“Scalyr has struck a real chord with rapidly-growing businesses whose engineers are responsible for revenue-generating software,” said Steve Newman, chief executive officer of Scalyr. “When your application is closely tied to the success of your business – as it is for our customers like Baidu, Return Path, and CareerBuilder – maintaining high performance takes on a new level of urgency.”
DevOps Finally Gets Log Management That’s Fast, Simple, and Shareable
Scalyr has grown rapidly among DevOps users. The engineering team responsible for development, deployment, and ongoing operations of the software pipeline, is on the front line of business like never before. Their applications are no longer an IT cost center, but instead serve the business’s customers and contribute directly to revenue.
For DevOps, operational visibility tools are critical for identifying and troubleshooting software and infrastructure performance issues, as well as gaining insight into user activity to detect a poor experience, service misuse, or fraud. These issues must be solved in minutes or the company will lose revenue.
Built by engineers for engineers, Scalyr was architected for speed, simplicity, and shareability. Scalyr’s unique engine enables powerful exploration and analysis of log data for everyone, not just query language experts. Complemented by an unlimited-users pricing model, Scalyr eliminates the traditional “gatekeeper guru” model of log management and allows the entire engineering team to do their jobs efficiently.
Customer User Adoption Grows 5x
By eliminating the gatekeeper model, Scalyr democratizes access to logs. In the first six months of deployment, customers typically exceed 5x growth in the number of employees making use of log data. Teams ranging from development to QA to site reliability to customer support begin getting value from the platform. By contrast, traditional log management solutions are often limited to a handful of highly-trained, certified users, preventing widespread adoption across the enterprise.
Query Performance Clocks in at 1.2 TB per Second
Scalyr is laser-focused on performance. Designed for engineers who must visualize large volumes of data from disparate sources and execute long series of exploratory ad-hoc queries, the product combines two powerful innovations:
- A purpose-built, NoSQL database, tuned for real-time ingestion and high-speed search of log data, and designed without the expensive keyword indexes that burden other log management solutions.
- The brute power of a massively parallel compute cluster, consisting of thousands of CPUs in the cloud. Unlike other solutions, Scalyr brings the combined compute resources of every server in its cloud cluster to bear on each and every query.
As a result, Scalyr provides query performance of 1.2 TB/second. Customers report speed increases ranging from 10x to 1000x over their traditional log management tools.
New Hires and Promotions to Meet Increased Demand
To accommodate its rapid growth, Scalyr has hired at a rapid pace across the organization, while scaling its sales team to cover its U.S. and overseas businesses across the enterprise, commercial, and SMB business segments. Jamie Barnett, formerly chief marketing officer of cloud security leader Netskope, has joined the company as its chief customer officer responsible for customer success, customer support, and marketing. Kathleen Estreich has been promoted to vice president of operations responsible for people operations, finance, and legal functions. Prior to joining Scalyr, Estreich served as chief of staff to the CEO of Intercom, the leading provider of customer engagement software.
Built by engineers for engineers, Scalyr is the blazing fast log management platform for the DevOps front line. Unlike traditional log management tools built for IT cost centers, only Scalyr is architected for revenue-generating software. With Scalyr, DevOps can go fast, keep things simple, and empower their teams. With a purpose-built, NoSQL, no-keyword-index database and the full power of its massively parallel cloud compute cluster, Scalyr is the fastest log management platform in the industry. Scalyr search speeds exceed one terabyte per second, and 96 percent of queries complete in less than one second. Scalyr's rapidly-growing customer base includes Business Insider, CareerBuilder, Grab, Wistia, and Zalando.
Scalyr Raises $20M Series A Round to ‘Scale Up Everything’ for its Fast, Legacy-Busting Log Management Platform
Founder of Google Docs Gives Engineers ‘Wish For’ Tools & the Ability to Search 1TB of Log Data per Second
SAN MATEO, Calif.--(BUSINESS WIRE)--Scalyr, the log management and server monitoring service created and run by two former Google engineers, announced today that it raised $20 million in a Series A round led by Shasta Ventures with participation from earlier investors Bloomberg Beta, Susa Ventures and Heroic Ventures.
Tweet this: “Now we just need to spread the word, scaling up sales and marketing. We’re also expanding our engineering and product teams. We’ve only just begun to shake up operational visibility.”
“We’ve had a lot of success with early sales. Once customers see they can resolve issues 5X faster, it’s a no-brainer,” said Scalyr Founder and CEO Steve Newman, a repeat entrepreneur whose last company—Writely—was acquired by Google to become Google Docs. “Now we just need to spread the word, scaling up sales and marketing. We’re also expanding our engineering and product teams. We’ve only just begun to shake up operational visibility.”
Drawing on years of experience processing massive datasets while working together at Google, Newman and his co-founder Steve Czerwinski started Scalyr in 2011. Their aim was to simplify the business of understanding the behavior of modern, complex cloud stacks. From the start, they chose to build their data management engine from the ground up, avoiding the legacy document indexing technology used by competitors.
Up to 1000x faster
In real-time, Scalyr aggregates a company’s server logs and metrics into a centralized system for analysis and troubleshooting. Scalyr’s unique architecture takes advantage of the cloud’s economies of scale and allows for efficiencies unseen in rival log management systems. For the company’s 140 customers—which include CareerBuilder, Business Insider, OkCupid, Baidu and Giphy—this means they can spot problems earlier and faster. In fact, the company reports:
- Engineers can search 1 terabyte of log data per second
- 96% of searches on Scalyr take one second or less
- What used to take customers half an hour only take a few seconds using Scalyr, making the service up to 1000x faster than the competition
- We’ve never lost a customer
“This is one of the most exciting enterprise software companies I’ve seen,” said Jason Pressman, Managing Director at early-stage venture firm Shasta Ventures. “Not only is Steve a world-class founder and company builder, but he’s also a true engineer’s engineer. He’s knows first-hand the pain points in today’s agile DevOps groups and IT departments, and he founded Scalyr to help engineers—in real-time—solve these problems as fast as possible. Scalyr has a brilliant founding CEO, an amazing product and a loyal and growing customer base. We couldn’t be more thrilled to be partnering with Steve and his team to support them on their mission to build an extraordinary company!”
A lifelong engineer and serial entrepreneur, Newman’s earlier startups include Writely, San Andreas Systems (a graphical web page builder acquired by Claris); Bitcraft (acquired by Macromedia); and Peninsula Game Works (makers of Spectre, the first 3D multiplayer game on the Macintosh).
“The cloud is enabling systems of ever-increasing scale and complexity—it’s a mixed blessing,” said Newman. “At Scalyr, we're leveraging the cloud's scalability to solve operational complexity, making it easy—even fun—to sift through mountains of log data and understand system behavior. We are really just getting started and are excited to have Jason and the Shasta team as partners in this next phase.”
Scalyr offers a cloud-based platform for high-speed log management and server monitoring. Founded by one of the creators of Google Docs, Scalyr brings the speed and ease of use normally found in consumer apps to an incredibly powerful server monitoring tool. 96% of all queries complete in under a second, and there's no need to learn a complex query language. Notable customers include OkCupid, Zalando, Grab, CareerBuilder and Wistia.