Netreo acquires Stackify to strengthen IT monitoring and AIOps offering
Information technology infrastructure and network monitoring company Netreo Inc. announced today it has acquired software-as-a-service application programming monitoring startup Stackify LLC for an undisclosed sum.
Founded in 2012, Stackify offers a solution that allows developers to monitor and manage their applications’ performance. Designed to improve application performance, the company’s Retrace service allows users to proactively identify issues in quality assurance and continuously improve and observe applications in production environments.
Stackify’s Retrace includes centralized logging, application performance management, error tracking, full transaction tracing, monitoring and user monitoring. For users, the service offers a way to aggregate all logs across applications and services in one place with a unified dashboard to view and search across all apps and server logs, the ability to go from a log statement to a full transaction trace, analysis with log tags and structured logging, and the ability to configure and monitor automated logs.
Notable Stackify customers include Domino’s Pizza Inc., DZone and Carbonite Inc.
For Netreo, the acquisition of Stackify will allow the company to strengthen its full-stack IT monitoring and AIOps offerings by giving customers improved application performance management, centralized logging, full transaction tracing, deployment tracking capabilities and greater visibility into continuous improvement/continuous deployment workflows.
“The acceleration of digital transformation and the rise of remote work this past year have made it even more critical for business and technology leaders to have actionable insights on the quality of internal and external digital customer experiences — more intelligently, efficiently and securely,” Jasmin Young, chief executive officer at Netreo, said in a statement. “The combined capabilities of Netreo and Stackify will enable developers, DevOps, IT and business leaders to have AIOps-driven end-to-end observability and rapid incident resolution for their cloud and on-premises IT infrastructure.”
Prior to acquisition, Stackify had raised $22.4 million according to data from Crunchbase. Investors included Cypress Growth Capital, Mid-America Angels and Watson-Marlow.
Image: Stackify
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