Honeycomb scores $50M investment as observability platform thrives

Honeycomb was founded in 2016 by two former Facebook engineers to create a new way of looking at application monitoring based on the internal tooling they had seen at Facebook. At the time, they foresaw a changing IT landscape that was being transformed by microservices and containerization and they believed (correctly as it turned out) that the modern IT stack required a different approach to monitoring.
Today the company announced a $50 million investment, a large sum in today’s tightening VC landscape. The new money brings the total raised to nearly $150 million, per the company.
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