Honeycomb expansion in Europe fueled by new Series C investment round

Honeycomb, an observability platform used by high-performance engineering teams to quickly visualise, analyse, and improve cloud application quality and performance, announced today its expansion into Europe, led by the appointment of former Pivotal, SignalFx, and Chef Software executive Andy Hawkins, as well as the close of a $50m Series C round.

This latest round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from existing investors Scale Venture Partners, Headline (formerly e.ventures), Storm Ventures, Industry Ventures, and NextWorld Capital. Honeycomb has raised $96.9M of funding to date.

This latest round of capital will allow Honeycomb to launch several initiatives that will help accelerate its growth in Europe, including increasing awareness of quickly evolving observability practices in the European market and fueling further growth of Honeycomb’s extensive European customer base. They will also be hiring and building a new European team to ensure Honeycomb continues to provide world-class support to both existing and new customers across the globe.

Andy Hawkins will join Honeycomb as Regional Director, bringing more than 20 years of leadership in helping organisations adopt DevOps practices and deliver optimal customer experiences. Andy has proven success in leading high-growth teams and will lead Honeycomb’s expansion in the region to grow and scale local support for European customers. Prior to joining Honeycomb, Andy was the Field CTO of application security observability provider TrueFort, Inc. and Vice President of Technical Operations at SignalFx. Andy also previously served as the Field CTO of Pivotal and the European lead for Chef Software Inc.

“Successful businesses around the globe are embracing our powerful observability tools to quickly identify and fix issues in ways that lead to optimal application performance, especially in increasingly complex systems,” said Christine Yen, CEO of Honeycomb. “With the infusion of capital together with the launch of our official presence in Europe, and the addition of Andy Hawkins to our team, we can meet the growing demand for our solutions and better serve our expanding customer base in Europe.”