Better Stack Raises Additional $10M in Funding
Summary
Better Stack, a Prague, Czech Republic, and San Francisco, CA-based company that helps developers ship higher-quality software through observability tools, raised additional $10M in funding. Led by Juraj Masar, CEO, Tomas Hromada, CTO, and Veronika Kolejak, COO, Better Stack provides developers with a observability platform that combines monitoring, logging, incident management, status pages, and other tools to ship higher-quality software faster. The system, which leverages SQL for data querying, is now used by 200,000+ developers and 4,000+ customers, including enterprises such as Time Magazine, Salesforce, ESET, Accenture, Decathlon, and Rakuten, startups like Brave, Hugging Face, Apollo, and Drata, and non-profits such as Unicef, and Raspberry Pi. The company has a distributed team across the US, UK, Canada, Colombia, Netherlands, Czechia, Slovakia, Romania, and Rwanda. Better Stack previously raised $18.6M from Creandum, KAYA, Susa Ventures, K5 Global, Credo Ventures, Lachy Groom, Ryan Petersen (founder of Flexport), Michael Stoppelman, Emil Eifrem (founder of Neo4j), Zach Sims (founder of Codecademy), and Madhu Muthukumar (CPO at Notion) among others.