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§ Private Profile · San Francisco, CA, USA
Open source alternative to DataDog
SigNoz has raised $6.0M across 2 funding rounds.
Key people at SigNoz.
SigNoz was founded in 2021 by Pranay Prateek (Founder) and Ankit Nayan (Founder).
SigNoz has raised $6.0M in total across 2 funding rounds.
SigNoz is an open-source observability platform native to OpenTelemetry with logs, traces and metrics in a single application. An open-source alternative to DataDog, NewRelic, etc. Open source Application Performance Monitoring (APM) & Observability too
SigNoz has raised $6.0M across 2 funding rounds. Most recently, it raised $5.0M Seed in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2023 | $5M Seed | — | Andreessen Horowitz, Conviction Partners, CRV, Essence VC, M12, Preston Werner Ventures, Rain Capital, Redpoint Ventures, RED Swan Ventures, SignalFire, Uncork Capital, Ameet Patel, Quinn Slack | Announced |
| Mar 1, 2021 | $1M Seed | — | Jenny Fielding, Scott Hartley | Announced |
Key people at SigNoz.
SigNoz is an open-source observability platform that provides unified application performance monitoring (APM), logs, traces, and metrics in a single tool. It is built natively on OpenTelemetry, the open-source standard for telemetry data, making it a compelling alternative to proprietary solutions like DataDog and New Relic. SigNoz primarily serves engineering teams, DevOps professionals, and organizations seeking cost-effective, extensible, and vendor-lock-in-free monitoring solutions, especially those operating cloud-native environments with microservices and Kubernetes architectures. By consolidating telemetry signals into one platform, SigNoz simplifies troubleshooting and reduces tool sprawl, enabling faster issue resolution and better application health insights[1][2][3].
SigNoz was founded by a team of developers passionate about open-source software and observability. The idea emerged from the need for a fully open-source, vendor-neutral observability platform that leverages OpenTelemetry to provide comprehensive monitoring without the high costs and restrictions of commercial tools. Early traction came from developer communities and startups looking for transparent, customizable monitoring solutions. The project has evolved to support a broad range of telemetry signals—logs, metrics, and traces—within a single dashboard, gaining recognition as a robust alternative to established APM vendors[1][2][5].
SigNoz rides the growing trend of open-source observability and cloud-native monitoring, which is increasingly important as organizations adopt microservices, Kubernetes, and distributed architectures. The timing is critical as the industry moves away from expensive, proprietary monitoring tools toward open standards like OpenTelemetry. Market forces such as the need for vendor neutrality, data privacy, and cost control favor platforms like SigNoz. By providing a unified, open-source observability solution, SigNoz influences the ecosystem by lowering barriers to entry for advanced monitoring and fostering a community-driven approach to telemetry[1][3][4].
Looking ahead, SigNoz is poised to expand its feature set and integrations, further solidifying its position as a leading open-source alternative to commercial APM tools. Trends such as increased adoption of OpenTelemetry, growth in cloud-native applications, and demand for observability in AI/ML systems will shape its trajectory. Its influence may grow as more organizations prioritize transparency, extensibility, and cost-efficiency in monitoring. SigNoz’s commitment to open source and developer experience positions it well to become a foundational tool in the modern observability landscape[1][3][7].
SigNoz was founded in 2021 by Pranay Prateek (Founder) and Ankit Nayan (Founder).
SigNoz has raised $6.0M in total across 2 funding rounds.
SigNoz's investors include Andreessen Horowitz, Conviction Partners, CRV, Essence VC, M12, Preston-Werner Ventures, Rain Capital, Redpoint Ventures, Red Swan Ventures, SignalFire, Uncork Capital, Ameet Patel.
