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Venture Capital News: SigScalr Emerges With $1.76M Pre-Seed Round

2024-02-20
BOSTON, MA, SigScalr today announced it has emerged from stealth and closed a $1.76 million pre-seed round.
SigScalr, a unified observability SaaS solution that is purpose-built to process large volumes of observability data, today announced it has emerged from stealth and closed a $1.76M pre-seed round to help address the rampant cost inflation in enterprise application observability. Scribble Ventures led the round with co-investments from WestWave Capital and Forward Slash Capital.

SigScalr is a unified application observability platform, purpose-built for the modern enterprise's microservice application architecture. It dramatically reduces spend on observability through a unique approach to querying and uncompressing log data. SigScalr's unified view of observability includes log, metrics and trace data in a single view. SigScalr was founded by enterprise tech veteran Kunal Nawale and is based in the Boston area.
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