User:FOARP/sandbox

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Instana
Company typeStart-up[1]
FoundedApril 2015; 9 years ago (2015-04) in Solingen, Germany
Founders
  • Mirko Novakovic
  • Pete Abrams
  • Fabian Lange
  • Pavlo Baron

Instana is a German-American software firm[2] based in Solingen[1] as well as Chicago.[3] It specialises in developing application performance management (APM) software.[4][5]

Products[edit]

Instana's application management software (such as, e.g., Instana Chaos[6]) is intended particularly for use in monitoring the performance of software used in microservice architectures,[7] and permits 3D visualisation of performance[8] through graphs generated using machine learning algorithms, with notifications regarding performance also generated automatically.[9] Their APM tool of the same name is especially purposed for monitoring software used in so-called "container orchestration" (a modular method of providing a software service).[10]

History[edit]

The firm was found in April 2015[9] by Mirko Novakovic, Pete Abrams, Fabian Lange and Pavlo Baron[4] as a spin-off of Codecentric (which was founded in 2005).[2] By December 2017 it had received a total of $26 million from investors,[11] and by October 2018 this had risen to a total of $57 million dollars.[12] However this investment came primarily from outside Germany.[13] $20 million of this funding was raised in the series B round led by Accel,[14] whilst $30 million of this total was raised in the series C round led by Merritech Capital.[5][1] In February 2019 the company employed more than 100 employees in different sites around Sollingen,[15] including in the suburb of Ohligs.[16]

References[edit]

  1. ^ a b c Rabenschlag, René (28 December 2018). "Silicon Valley investiert in Solingen". Lokalzeit Bergisches Land. WDR. WDR. Retrieved 2 October 2019.
  2. ^ a b Maas, Marie-Charlotte (29 September 2018). "Instana: 30 Millionen US-Dollar für Solinger Software-Start-up". Wirtschafts Woche. Retrieved 25 September 2019.
  3. ^ "Instana zieht zur Prinzenstraße". RP Online. 23 May 2019. Retrieved 25 September 2019.
  4. ^ a b Steger, Johannes (14 December 2017). "Das Silicon Valley entdeckt Solingen". Handelsblatt. Retrieved 25 September 2019.
  5. ^ a b Marinova, Polina (27 September 2018). "Term Sheet — Thursday, September 27". Fortune. Retrieved 25 September 2019.
  6. ^ Miles, Russ (12 July 2019). Learning Chaos Engineering: Discovering and Overcoming System Weaknesses Through Experimentation. O'Reilly Media, Inc. p. 79. ISBN 1492050970. Retrieved 25 September 2019.
  7. ^ Heinrich, Robert; van Hoorn, André; Knoche, Holger; Li, Fei; Lwakatare,, Lucy Ellen; Pahl, Claus; Schulte, Stefan; Wettinger, Johannes (4 Apr 2017). "Performance Engineering for Microservices: Research Challenges and Directions" (PDF). ICPE ’17 Companion/GEOMAR: 3.{{cite journal}}: CS1 maint: extra punctuation (link)
  8. ^ Barakat, Saman (May 2017). "Monitoring and Analysis of Microservices Performance" (PDF). Journal of Computer Science and Control Systems. 10 (1): 22. Retrieved 25 September 2019.
  9. ^ a b Sharma, Umesh Ram (28 Jul 2017). Practical Microservices. Packt Publishing Ltd. pp. 211–212. ISBN 1785880160. Retrieved 25 September 2019.
  10. ^ Seifermann, Valentin (2017). "Application Performance Monitoring in Microservice-Based Systems": 18. doi:http://dx.doi.org/10.18419/opus-9827. Retrieved 25 September 2019. {{cite journal}}: Check |doi= value (help); Cite journal requires |journal= (help); External link in |doi= (help)
  11. ^ Lardinois, Frederic (14 December 2017). "Instana raises $20 million for its microservice monitoring and management service". TechCrunch. Retrieved 25 September 2019.
  12. ^ Schnor, Pauline (13 October 2018). "„Mit 30 Millionen Dollar schmeißt man keine Party"". Die Welt. Retrieved 25 September 2019.
  13. ^ Schäfer, Ulrich (15 January 2019). "Jenseits von Solingen". Süddeutsche Zeitung. Retrieved 25 September 2019.
  14. ^ Marinova, Polina (14 December 2017). "Term Sheet — Friday, December 14". Fortune. Retrieved 25 September 2019.
  15. ^ "Instana-Umzug nach Hackhausen geplatzt". RP Online. 7 February 2019. Retrieved 25 September 2019.
  16. ^ Prinz, Stefan (24 May 2019). "Ohligs: Unternehmer investiert Millionen". Solinger Tageblatt. Retrieved 25 September 2019.
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