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.