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Insight Partners led a $23m Series A round in Lightrun.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Minority

Private Equity

Private

observability company

Software

Friendly

Israel

software development

Venture Capital

Cross Border

Acquisition

Single Bidder

Synopsis

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Insight Partners led a $23m Series A round in Lightrun, a continuous debugging and observability company, with participation from Glilot Capital Partners. "We’ve seen a number of observability solutions joining the market, but found Lightrun’s shift-left approach to be truly unique. The main point of shifting observability to the left in the software development lifecycle is incorporating observability into the day-to-day developer workflow. Lightrun makes observability ops-free, real-time and ergonomic to the development process, and we believe they are in a position to capture a large international market of development teams at enterprises that prioritize rapid feature development and frequent shipping," Teddie Wardi, Insight Partners Managing Director.

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