SAN MATEO, CA--(Marketwired - Mar 12, 2015) - SignalFx today entered the market with the most advanced monitoring platform for modern applications. Built by inventors of cloud-scale monitoring technologies for today's Internet giants, SignalFx is a SaaS-based monitoring platform that uses SignalFlow™ streaming and historical analytics technology on operational metrics at any scale to provide an interactive, system-wide view of applications and infrastructure. The distributed and dynamic nature of modern applications has turned monitoring into an analytics problem -- SignalFx enables product organizations to shift from component-level monitoring to detecting aggregate patterns and anomalies across their distributed applications in real time. In a separate announcement today, SignalFx announced $28.5 million in total funding from top tier Silicon Valley investors Andreessen Horowitz and Charles River Ventures.

"Today's applications are often composed on many services and/or microservices that function with high levels of autonomy. Optimizing the availability and performance of today's applications is virtually impossible with traditional monitoring tools," said Stephen D. Hendrick, Principal Analyst for Development and Deployment Research at ESG. "This is why tools such as those from SignalFx that monitor and analyze application performance in real time are now a necessity."

SignalFx equips organizations of all sizes to make better decisions based on a data-driven approach to application design and operations. Designed to enable organizations to submit multi-dimensional metric data at any scale, SignalFx allows product teams to model and correlate key application and business metrics against underlying infrastructure behavior to answer critical questions about operations.

Developers, operations, DevOps and SRE teams can benefit from SignalFx's breakthroughs in application and infrastructure monitoring technology:

• Meaningful and actionable alerting. Traditional monitoring solutions set alerts using static thresholds on metrics collected from individual components, resulting in "noisy" alerts for distributed applications. SignalFlow streaming and historical analytics technology enables product teams to apply custom analytics pipelines on metrics collected from thousands or more sources to create meaningful aggregations (percentiles, moving averages, growth rates, etc.) within seconds of receiving data. These real-time aggregations can be compared against historical patterns to allow product teams to set alerts based on anomalous trends.
• Interactive, system-wide visibility. SignalFx delivers unparalleled self-service access to all of the application and infrastructure metrics most critical to the success of an application. Product teams can model and see the impact of metrics like customer usage on infrastructure performance and business KPIs. The real-time, interactive nature of SignalFlow technology enables organizations to ask and answer questions about their operations as events are still occurring in their environments.
• Cross-team communication. Applications with microservices architectures have several interdependencies and require a high level of coordination between teams. SignalFx provides a single source of context where teams may curate dashboards with key metrics to share and get insight into the operational characteristics of any service.

"Today's launch of SignalFx is just the beginning of our team's work to reinvent monitoring for modern applications," said Phillip Liu, Founder and CTO of SignalFx. "An analytics-based approach to monitoring is essential for modern applications -- with SignalFx and SignalFlow technology, our customers can focus their efforts on interpreting operational metrics, discovering key patterns, and communicating insights with one another rather than building and supporting an undifferentiated metrics infrastructure. We plan to invest aggressively in our monitoring platform so that our customers can deliver well-built, reliably performing, rapidly improving applications time and time again."

Customer quotes:

Sam Eaton, Director of Engineering Operations, Yelp
"Metrics are an important part of Yelp's monitoring strategy and we see sophisticated analysis of those metrics as a key part of maintaining and improving our infrastructure. SignalFx has scaled to support our massive volume of high-frequency metrics, and has provided us with powerful tools to explore and find critical insights in our data."

Weston Jossey, Head of Operations, Tapjoy
"SignalFx is so powerful because it lets us look at aggregations like the 95th percentile and stream them alongside the same analytics from a day ago, week ago, or any time that makes sense -- side by side within seconds of the new raw data coming in. It lets us catch problems in real time."

Stan Chan, Head of Core & Infrastructure, Symphony Commerce
"We are becoming more data oriented and proactive in understanding the entire system of the business, from the app down through the infrastructure by using SignalFx. We find correlations as soon as problems arise, whether it's due to a client action or to some internal event or change."

Andrew Denmark, Co-Founder and CTO, Chairish
"SignalFx has become the first place I go whenever we run into an issue. It has helped my team catch problems like memory leaks before they impacted our production site and Chairish customers, even helping us save money on infrastructure. Becoming a customer was a no brainer."

About SignalFx
SignalFx provides the most advanced monitoring platform for modern applications. Built by inventors of cloud-scale monitoring technologies, the SignalFx SaaS-based solution delivers the only interactive, system-wide view of applications and infrastructure data at any scale. The distributed and dynamic nature of modern cloud applications has turned monitoring into an analytics problem. SignalFx SignalFlow™ streaming and historical analytics technology empowers development and operations teams to shift from component-level monitoring to detecting aggregate patterns and anomalies across their distributed applications in real time. Organizations can submit any metric data at any scale into the SignalFx platform, allowing product teams to model and correlate key application and business metrics against underlying infrastructure behavior to answer critical questions about operations. Companies large and small, including Yelp, Tapjoy, Symphony Commerce and Chairish, rely on SignalFx to innovate faster and make their customers happy with well-built, reliably performing, rapidly improving applications.
www.signalfx.com

Connect with SignalFx
Read our blog: http://blog.signalfx.com/today-is-launch-day
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Learn more: https://www.youtube.com/watch?v=J7_r_v-kRlg