SigScalr Emerges from Stealth with $1.76M in Funding to Supercharge the Observability Space

By neub9
2 Min Read

SigScalr, a unified observability SaaS solution designed to handle large volumes of observability data, has emerged from stealth mode after closing a $1.76 million pre-seed round. The funding was led by Scribble Ventures, with co-investments from WestWave Capital and Forward Slash Capital. 

The capital raised will allow SigScalr to launch its open-source software (OSS) product SigLens, a column-oriented database designed from the ground up for observability. The company also plans to expand its go-to-market efforts and hire experts in software and product development to drive innovation in the observability market. 

SigScalr’s OSS product SigLens is a purpose-built columnar database with dynamic compression that adapts as data streams in, making it a highly compact and efficient service. The platform utilizes micro-indices, enabling rapid speed queries and allowing performance engineers to search over compressed data without uncompressing 98% of the data.

Some of the key features and benefits of SigLens include:

  • Scalability
  • Efficiency
  • Speed
  • User-Friendly
  • Compatibility

“Most observability platforms specialize in specific areas, forcing developers to switch between platforms to troubleshoot productivity issues,” said Kunal Nawale, SigScalr founder and CEO. “SigScalr is the only unified observability platform that enables developers to consolidate observability tools, reduce cloud infrastructure spend, and debug issues faster.”

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