Rookout

Company Overview

Snapshot

Founded in October 2017 by Liran Haimovitch and Or Weis, Rookout operates with 11–50 employees. The company raised $28.2 million across 3 funding rounds from 7 investors before being acquired by Dynatrace in July 2023.

Business overview

Rookout provides a developer-first observability platform that enables the collection of logs, traces, and metrics from live code in production environments. Unlike traditional monitoring tools focused on infrastructure, Rookout is designed for developers to focus on application code and business logic. The company serves the software development industry, operating within the business software sector, with solutions for Kubernetes, serverless environments, live logging, and live debugging.

Strategic signal

The acquisition of Rookout by Dynatrace in July 2023 for an estimated $50-60 million signifies a strategic consolidation in the observability and debugging market. This move indicates Dynatrace's intent to enhance its offerings with Rookout's developer-first live debugging capabilities, suggesting a growing industry demand for tools that bridge the gap between development and production environments for faster issue resolution and improved software quality.

Company Intelligence Q&A

When was Rookout acquired?

Rookout was acquired by Dynatrace in July 2023.

What was the estimated acquisition amount for Rookout?

Dynatrace acquired Rookout for an estimated $50-60 million in July 2023.

Which investors participated in Rookout's Series B funding round?

In August 2022, Rookout received funding from investors including R136 Ventures and Emerge.

Which investors participated in Rookout's Series A funding round?

In August 2019, Rookout received funding from investors including Cisco Investments.

When did Rookout launch its new serverless debugging experience?

Rookout launched its new serverless debugging experience in April 2022, as reported by SD Times.