ServiceNow acquires Lightstep to gain Observability Platform

Roadrunner service dashboard

ServiceNow today announced it has acquired Lightstep as part of an effort to add an observability platform to its IT operations portfolio. Terms of the deal, expected to close this quarter, were not disclosed. The Change Intelligence observability platform from Lightstep is based on a time-series database that is capable of processing a trillion events each day. It was built by the same team that created Monarch, the globally distributed in-memory time series database system that Google employs to monitor its applications and systems.

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IBM is acquiring Turbonomic to advance AIOps agenda

Turbonomic platform

IBM announced this week that it is acquiring Turbonomic, provider of application resource management (ARM) and network performance management (NPM) software infused with machine learning algorithms. Terms of the acquisition, which is expected to close this quarter, were not disclosed.

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Sentry raises $60 million to monitor app performance in real time

Sentry Platform

Application performance monitoring startup Sentry today announced it has secured $60 million in series D financing for a post-money valuation of $1 billion. Sentry says the funds will fuel product development and go-to-market functions, as well as hiring across the company’s San Francisco, Toronto, and Vienna offices.

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