Announced
Completed
Financials
Sources
Tags
Private
Completed
incident automation
Venture Capital
Software
Private Equity
software development
Cross Border
United States
Acquisition
Friendly
Minority
Single Bidder
Synopsis
Insight Partners, a New York-based global private equity and venture capital firm, led a $35m Series B round in Shoreline.io, the Incident Automation company. "Production operations is broken — there is too much downtime, too many mistakes, and too much repetitive work fixing the same incidents again and again. Shoreline Incident Automation improves availability, reduces costs, and, most importantly, gives engineers time back to build, create, and grow their services. At Shoreline, we believe if anyone, anywhere, diagnoses and automates an incident, everyone, everywhere, should benefit from their shared solution. This round enables us to deliver against this vision," Anurag Gupta, Shoreline.io Founder and CEO.
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