Rollbar Announces $6 Million in Series A Funding to Extend Platform to Cloud Native Customers

Real-Time Error Monitoring Company Secures Series A Funding from Bain Capital

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| Source: Rollbar, Inc.

SAN FRANCISCO, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Rollbar, provider of real-time error monitoring Software as a Service, announced today that the company has secured its $6 Million series A funding led by Bain Capital, with participation from Cota Capital, to bring the company’s platform to a growing global base of cloud native customers.

"We saw that many companies developing software rapidly, yet reliably, had turned to Rollbar to provide the visibility they need to remediate issues that inevitably occur with such a rapid pace," said Salil Deshpande, Managing Director at Bain Capital Ventures, Palo Alto. "With alerting, detecting, grouping, and diagnosing of errors in production mobile and web apps, and integration with CI/CD systems while protecting sensitive data, Rollbar is well positioned to become the error-management platform of choice for engineering teams large and small."

Production mobile and web apps encounter errors all the time, many of which go undetected, when they could be automatically and systematically tracked and squashed. Typically, companies don't know users are having a problem until those users contact the Customer Support department - and many of them never do that. Errors in software are costly to fix when not detected early.

Rollbar enables developers and DevOps teams to monitor errors in real-time as new software is deployed, notify the right team of an error, and provide rich contextual data for debugging the error faster, before end users even notice or report it.

With Rollbar, engineering teams can detect application errors and resolve them quickly post deploys, allowing them to practice Continuous Delivery with confidence and without compromising on security. Rollbar protects sensitive data, being fully compliant with industry standards such as ISO 27001 and HIPAA.

“Rollbar is setting the DevOps stage for an inevitable cloud native movement that we are just starting to experience as a market,” said Edwin Yuen, research analyst, ESG. “With Rollbar’s real-time approach to error monitoring, and ability to continue to innovate ahead of the curve, the company is well positioned to capture this evolving market.”

Rollbar continues to add features that elevates application error monitoring to a first-class discipline:

  • Error Merging: Rollbar users can now "merge" duplicate errors into groups to reduce noise, a common problem in monitoring and logging tools.
  • Telemetry: Using telemetry, developers can now see a timeline of events that happened leading up to an error to help them debug faster.
  • Encryption at Rest:  Rollbar now encrypts all data at rest at the application level, and each project gets its own key, creating an extra security layer on top of disk encryption.
  • AWS Lambda support: Developers building apps on Lambda can now get richer, more granular information on errors than what's possible through AWS alone.

For more information on Rollbar, please visit: https://rollbar.com

About Rollbar
Rollbar helps developers deploy better software, faster, with error-monitoring solutions that identify, prioritize and resolve coding errors. Rollbar works alongside a development team's existing monitoring and logging tools to give greater coverage and insights into broken code, across the stack. Already in use at several thousand organizations, including Salesforce.com, Twilio, Dell, Instacart, Kayak, WalMart, and One Medical.  Rollbar has won accolades for its ability to accelerate release cycles, reduce costs and improve software quality. Learn more at https://rollbar.com/ or follow us @Rollbar.

About Bain Capital Ventures
Bain Capital Ventures invests from seed to growth in enterprise software, infrastructure software, and industries being transformed by data. Managing Director Salil Deshpande focuses on open source and infrastructure software and has previously invested in MuleSoft, SpringSource, DynaTrace, Buddy Media, Redis Labs, Sysdig, Frame, DataStax, Lightbend and Hazelcast, among forty others.

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