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Venture Capital News: Honeycomb Completes $20M Series B Round

2021-02-02
SAN FRANCISCO, CA, Honeycomb announced today the close of a $20 million Series B financing round.
Honeycomb, a provider of observability for distributed systems to understand, debug, and improve production systems, announced today the close of a $20 million Series B round led by e.ventures Growth, with participation from Industry Ventures and existing investors Storm Ventures, Scale Ventures Partners, NextWorld Capital, and Merian Ventures. This round of funding comes as Honeycomb continues to see sustained strong business growth and product innovation, and brings Honeycomb's total amount of capital raised to $46.9 million.

Honeycomb provides observability for modern development teams to learn, debug, and improve their production systems efficiently so that business-critical apps perform with minimal disruption to users. Honeycomb's customers rely on the product for fast incident response, system optimization, and delivering pain-free releases across the software engineering cycle that translates to happy devs and happy customers.
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