Owners
Founded in 2015, Lightstep is a developer of health tracking and response solutions to changes in cloud applications. Among the company's investors are Cowboy Ventures, Redpoint, Altimeter Capital, etc.
History
2021: ServiceNow bought Lightstep
In mid-May 2021, ServiceNow announced the acquisition of the Lightstep platform to expand the capabilities of monitoring cloud applications by DevOps engineers. The financial terms of the transaction were not disclosed, the company plans to complete the acquisition in the second quarter of 2021.
Lightstep's "observability" concept involves extracting actionable information from raw log data generated by clients and servers.
 | Now "observability" primarily benefits DevOps teams that create and operate critical applications, "said Ben Siegelman, co-founder and CEO of Lightstep. - We always believed that the value of surveillance should extend to the whole enterprise. |  |
Lightstep customers include Spotify, GitHub, Twilio. Each of these companies uses cloud-based applications that are critical to a high level of reliability for broad data delivery scalability.
Thanks to Lightstep, engineers DevOps gain access to an early warning system that allows them to track critical signals and software health indicators that will be directly integrated with the ServiceNow platform as part of the transaction. The combination of Lightstep's system approach to surveillance with enterprise-wide automation of ServiceNow will quickly eliminate the identified problems, preventing the appearance of a whole chain of failures.
| | With the help of Lightstep, ServiceNow will change the way software solutions are delivered to customers, "said Pablo Stern, senior vice president of products at the ServiceNow. - This will ultimately make it easier for customers to innovate quickly. They will now be able to build and use their software faster than ever before, and are confident to enter a new era of workflow organization. | |
By May 2021, ServiceNow is headed by former SAPBill CEO McDermott.[1]
Notes
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