Instana is a German-American software firm[2] based in Solingen[1] as well as Chicago and San Francisco.[3][4] It specialises in developing application performance management (APM) software.[5][6]
| Company type | Start-up[1] |
|---|---|
| Founded | April 2015 in Solingen, Germany |
| Founders |
|
| Website | www |
Products
editInstana's software is intended particularly for use in monitoring and managing the performance of software used in microservice architectures,[7] and permits 3D visualisation of performance[8] through graphs generated using machine learning algorithms, with notifications regarding performance also generated automatically.[9] Instana's Application Performance Monitoring (APM) tool of the same name is especially purposed for monitoring software used in so-called "container orchestration" (a modular method of providing a software service).[10]
History
editThe firm was founded in April 2015[9] by Mirko Novakovic, Pete Abrams, Fabian Lange, and Pavlo Baron[5] as a spin-off of Codecentric (which was founded in 2005).[2]
By December 2017, it had received a total of $26 million from investors,[11] and by October 2018, this had risen to a total of $57 million.[12] However this investment came primarily from outside Germany.[13] $20 million of this funding was raised in the series B round led by Accel Partners[14] whilst $30 million of this total was raised in the series C round led by Meritech Capital Partners.[6][1][4] In February 2019 the company employed more than 100 employees in different sites around Solingen,[15] including in the suburb of Ohligs.[16]
In November 2020, IBM, as part of continuing investments in big data and AIs, announced an agreement to acquire Instana.[17]
References
edit- ^ a b c Rabenschlag, René (28 December 2018). "Silicon Valley investiert in Solingen". Lokalzeit Bergisches Land. WDR. WDR. Retrieved 2 October 2019.
- ^ a b Maas, Marie-Charlotte (29 September 2018). "Instana: 30 Millionen US-Dollar für Solinger Software-Start-up". Wirtschafts Woche. Retrieved 25 September 2019.
- ^ "Instana zieht zur Prinzenstraße". RP Online. 23 May 2019. Retrieved 25 September 2019.
- ^ a b Schnor, Pauline (26 September 2018). "Solinger Software-Startup bekommt 30 Millionen Dollar von Facebook-Investoren". Gruenderszene. Retrieved 3 October 2019.
- ^ a b Steger, Johannes (14 December 2017). "Das Silicon Valley entdeckt Solingen". Handelsblatt. Retrieved 25 September 2019.
- ^ a b Marinova, Polina (27 September 2018). "Term Sheet — Thursday, September 27". Fortune. Retrieved 25 September 2019.
- ^ Heinrich, Robert; van Hoorn, André; Knoche, Holger; Li, Fei; Lwakatare, Lucy Ellen; Pahl, Claus; Schulte, Stefan; Wettinger, Johannes (4 Apr 2017). "Performance Engineering for Microservices: Research Challenges and Directions" (PDF). ICPE '17 Companion/GEOMAR: 3.
- ^ Barakat, Saman (May 2017). "Monitoring and Analysis of Microservices Performance". Journal of Computer Science and Control Systems. 10 (1): 22. Retrieved 25 September 2019.
- ^ a b Sharma, Umesh Ram (28 Jul 2017). Practical Microservices. Packt Publishing Ltd. pp. 211–212. ISBN 978-1785880162. Retrieved 25 September 2019.
- ^ Seifermann, Valentin (2017). "Application Performance Monitoring in Microservice-Based Systems": 18. doi:10.18419/opus-9827. Retrieved 25 September 2019.
{{cite journal}}: Cite journal requires|journal=(help) - ^ Lardinois, Frederic (14 December 2017). "Instana raises $20 million for its microservice monitoring and management service". TechCrunch. Retrieved 25 September 2019.
- ^ Schnor, Pauline (13 October 2018). "Mit 30 Millionen Dollar schmeißt man keine Party". Die Welt. Retrieved 25 September 2019.
- ^ Schäfer, Ulrich (15 January 2019). "Jenseits von Solingen". Süddeutsche Zeitung. Retrieved 25 September 2019.
- ^ Marinova, Polina (14 December 2017). "Term Sheet — Friday, December 14". Fortune. Retrieved 25 September 2019.
- ^ "Instana-Umzug nach Hackhausen geplatzt". RP Online. 7 February 2019. Retrieved 25 September 2019.
- ^ Prinz, Stefan (24 May 2019). "Ohligs: Unternehmer investiert Millionen". Solinger Tageblatt. Retrieved 25 September 2019.
- ^ "IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy". IBM News Room. Retrieved 2020-11-18.