LogicMonitor acquires tech firm Airbrake

International | Mergers & Acquisitions | South East | Technology

tech

LogicMonitor, a cloud-based infrastructure monitoring and observability platform, today announced that it has acquired Airbrake, a developer-centric application error and performance monitoring company.

The acquisition will extend LogicMonitor’s ITIM platform into developer environments and will enable customers to gain visibility into continuous integration and deployment (CI/CD) workflows while reducing risk to ensure that every code release delivers a flawless customer experience.

“Our product vision has always been to equip enterprises and service providers with the industry’s most comprehensive, extensible and intelligent performance monitoring and observability platform to help them deliver exceptional customer experiences,” said Kevin McGibben, CEO of LogicMonitor.

“LogicMonitor is committed to helping our customers and partners meet the challenges of today’s ever-changing technology landscape and gain visibility into the end-to-end technology performance that drives their organisation, regardless of what tech stack their business is built on. Today’s acquisition of Airbrake marks the latest step in our journey towards unified observability.”

Airbrake was founded in 2008 and is based in the Bay Area, San Francisco. The company was created to solve problems of code and performance issues impacting production environments, and received a funding round in 2020 led by Elsewhere Partners.

The Airbrake acquisition marks the second acquisition in just over a year for LogicMonitor, who also acquired Stockholm-based log analytics company Unomaly in January 2020. The terms of the Airbrake transaction will not be disclosed.

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