Epsagon is a SaaS platform providing automated data correlation, end-to-end observability, and distributed tracing for microservice and serverless architectures, enabling DevOps teams to troubleshoot issues faster, reduce downtime, and optimize costs.[1][2][3] It serves developers and operations teams managing complex cloud-native environments like containers, VMs, and serverless functions across industries including financial services, healthcare, media, and more, solving the visibility gap in ephemeral infrastructures where traditional monitoring fails.[1][2][5] Founded in 2017, Epsagon raised $30.1M before its acquisition by Cisco in August 2021, demonstrating strong growth in the observability space.[3]
Epsagon was founded in 2017 in Tel Aviv, Israel, by CEO and co-founder Nitzan Shapira and a team addressing the monitoring challenges of serverless computing.[1][2][3] The idea emerged from the limitations of traditional tools in serverless environments, where ephemeral resources make agent-based logging impractical; instead, Epsagon developed an agentless approach using lightweight libraries for automatic instrumentation and tracing.[2] It emerged from stealth in 2018 with $4M in seed funding led by Lightspeed Venture Partners and StageOne Ventures, quickly gaining traction by open-sourcing libraries and offering self-service pricing with a free tier.[2] Early focus on serverless visibility propelled its evolution into a full microservices observability platform.[1]
Epsagon rode the explosive growth of cloud-native architectures, particularly serverless and microservices, where ephemeral workloads created a "black box" for observability amid surging adoption by AWS, Azure, and others.[2][5] Its timing aligned with the shift from monolithic to distributed systems post-2017, as DevOps teams grappled with complexity in multi-cloud environments, fueling demand for full-stack tools spanning metrics, logs, traces, and events.[4] Market forces like rising cloud costs and the need for AI/ML-driven insights favored Epsagon, positioning it against competitors like Honeycomb and Grafana Labs in a sector projected to expand with Kubernetes and edge computing.[3] Post-acquisition, it influences Cisco's Full-Stack Observability portfolio, accelerating enterprise-grade solutions with OpenTelemetry support and integrating with AppDynamics and ThousandEyes to unify app, infra, network, and security visibility.[4]
Post-Cisco acquisition, Epsagon's technology now powers enhanced distributed tracing and cloud-native monitoring within Cisco's Full-Stack Observability suite, likely expanding into AI/ML-correlated insights across hybrid environments.[3][4] Trends like OpenTelemetry adoption, generative AI for anomaly detection, and zero-trust security will shape its trajectory, amplifying Cisco's edge in enterprise observability against rivals like New Relic and Datadog. Its influence may evolve from standalone innovator to core enabler of seamless digital experiences, tying back to its origins in demystifying serverless complexity for faster, cost-efficient innovation.[1][4]
Epsagon has raised $30.0M in total across 3 funding rounds.
Epsagon's investors include 83North, Battery Ventures, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Partech Ventures, Ariel Maislos, Bessemer Venture Partners, Coelius Capital, Craft Ventures, Eight Roads Ventures, Greylock.
Epsagon has raised $30.0M across 3 funding rounds. Most recently, it raised $10.0M Venture Round in July 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2020 | $10.0M Venture Round | 83North, Battery Ventures, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Partech Ventures, Ariel Maislos | |
| Jan 1, 2020 | $16.0M Series A | 83North, Bessemer Venture Partners, Coelius Capital, Craft Ventures, Eight Roads Ventures, Greylock, Lightspeed Venture Partners, Menlo Ventures, Owl Rock Capital Partners, SaaSholic Fund, Sommet AB, StageOne Ventures, TLV Partners, U.S. Venture Partners, Vertex Ventures Israel, Chuck Feerick, Gabriel Jarrosson, Georges Harik, Jaan Tallinn, Ziv Kop | |
| Mar 1, 2018 | $4.0M Seed | 83North, Bessemer Venture Partners, Coelius Capital, Craft Ventures, Eight Roads Ventures, Greylock, Lightspeed Venture Partners, Menlo Ventures, Owl Rock Capital Partners, SaaSholic Fund, Sommet AB, StageOne Ventures, TLV Partners, Vertex Ventures Israel, Chuck Feerick, Gabriel Jarrosson, Georges Harik, Jaan Tallinn, Ziv Kop |