Announcing our new $11M Series B funding

March 4th, 2020 • By Brian Rue

Nearly eight years ago, Cory and I started on a journey to help developers build software quickly and painlessly. As software developers ourselves, we had felt the pains of being afraid to ship and spending late nights tracking down bugs. In 2013, we launched Rollbar so that developers could build software faster, shipping often without fear.

Lots of people talk about continuous delivery, and nearly all of them focus on automating releases. This is important, but it’s only half of the problem: after you release your code, when it breaks, you need to respond. Companies need automated response. That means being able to see, understand, and resolve problems in real-time. This sounds great, and it turns out it actually works! Companies who adopt Rollbar, on average, triple their release velocity every year.

Rollbar provides an automated error response platform centered around our proprietary, customizable grouping engine. It gives developers 100% visibility on errors across the software development lifecycle with all the context they need to fix errors in minutes and deploy more often. 100,000+ developers, 4,500+ customers, 40+ employees, and three offices across three countries later, we’re very proud of where we’ve come. But in many ways, we’re just getting started.

Today, I’m excited to announce that we’ve closed a Series B financing of $11M led by Runa Capital with participation from Long Light Capital and Blossom Street Ventures, along with existing investors Cota Capital, Bain Capital, and Patagonia Capital. We’re also excited to welcome Dmitry Galperin from Runa Capital to our board. We knew Runa Capital was the right partner for us because of their track record working with developer-focused companies.

Thank You!

To the team that has made Rollbar what it is today, thank you for all your efforts and contribution. To the many customers who have been with us since our first few days and the many more who have joined us since: thank you for trusting us and making this problem worth solving.

What's Next?

We understand that the best software companies iterate quickly. And that’s what we help organizations do. We’re planning to use our funds to double the team over the year and hire across all functions, including product, sales, marketing, engineering, and across all our current locations (San Francisco, Budapest, and Barcelona). We’ll continue our focus on product development while improving our customer experience and support.

If you want to build the next generation of developer-focused monitoring tools, we want to work with you! Check out our open roles here.

Onward,

Brian

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