Honeycomb, a full-stack observability provider, has raised $20 million in a Series B funding round led by Silicon Valley firm Scale Venture Partners.
The company plans to use the funding to accelerate its growth, expand its product offerings and open new offices, as well as invest in research and development.
Honeycomb's platform collects telemetry data from applications and services, providing engineers with tools to visualize, analyze and identify issues quickly to improve system performance and reliability.
According to the report, the company has seen rapid growth in recent years and is well-positioned to capitalize on the growth of the observability field.
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