Rookout

Live Data Collection and Debugging Solution

Business Software
Acquired by Dynatrace on Jul, 2023
Follow

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.

Log in to access full profile

Company Intelligence Q&A

What was a significant recent corporate development for Rookout?
In July 2023, Rookout was acquired by Dynatrace for an estimated $50-60 million, marking a major exit for the company.
When was Rookout founded and by whom?
Rookout was founded in October 2017 by Liran Haimovitch and Or Weis.
What was Rookout's last disclosed funding round?
Rookout completed a Series B funding round in August 2022. This round included investment from R136 Ventures and Emerge.
What is Rookout's core offering?
Rookout offers a developer-first observability platform that allows for live data collection and debugging directly from live code in production environments, providing insights into logs, traces, and metrics without redeployment.
What was a key partnership announced by Rookout?
In January 2022, Rookout joined the Google Cloud Partner Advantage program, expanding its reach and integration within the cloud ecosystem.
Log in to access full profile