Listen to this article
Odigos has raised $13 million to enhance its distributed tracing platform, which uses eBPF technology for automated, low-overhead observability across various programming languages. The platform integrates seamlessly with OpenTelemetry, allowing enterprises to maintain vendor independence and scale their observability efforts efficiently. With this funding, Odigos aims to expand product features and enter new markets to meet growing demand for comprehensive performance monitoring.
How Odigos Secures $13 Million in New Funding to Drive Observability Forward
Odigos recently secured $13 million in a funding round led by Venture Guides, with support from Salesforce Ventures, Mango Capital, and Firestreak Ventures. This marks a significant milestone for the company, which aims to expand its footprint in the distributed tracing and observability sectors.
The funding round also saw participation from leading industry figures such as Y Combinator and key leaders from Chronosphere, Honeycomb, Lightstep, and Meta. This backing underscores confidence in the potential of Odigos’ technology and its future growth in enterprise markets.
What Makes Odigos a Game-Changer in Distributed Tracing
Odigos’ primary objective is to simplify distributed tracing for enterprises that manage complex, distributed systems. Its platform is designed to make observability accessible and efficient for developers, reducing the need for time-consuming manual instrumentation.
At the core of Odigos’ platform is eBPF technology. This cutting-edge kernel-level technology automates distributed tracing, eliminating the need for code modifications and ensuring minimal performance impact. By leveraging eBPF, Odigos simplifies the process, providing real-time visibility across applications while keeping system overhead low.
Why Enterprises Are Turning to OpenTelemetry for Observability
OpenTelemetry has become the industry standard for observability. It is an open-source framework that allows companies to collect telemetry data such as traces, metrics, and logs. Enterprises prefer OpenTelemetry because it offers compatibility with numerous platforms, avoiding dependency on any single vendor.
Odigos seamlessly integrates with OpenTelemetry, allowing enterprises to adopt a vendor-agnostic approach. This ensures that organizations have full flexibility in managing their observability data, choosing from over 30 different back-end solutions for data storage and analysis. Odigos supports both open-source and managed solutions, providing flexibility in deployment.
Recommended: How Ellipsis Transforms Code Review Process With AI-Powered Bug Fixes And Style Enforcement
How Odigos Enhances Enterprise Performance Monitoring
Odigos automates instrumentation for various platforms and languages, including Java, Python, Node.js, .NET, and Go. Once deployed, the platform automatically detects running applications and applies instrumentation without user intervention. This ensures that newly deployed code is also instrumented, simplifying operations for IT teams.
By using eBPF, Odigos keeps performance overhead extremely low, with less than 1% impact on system performance. Traditional manual instrumentation methods typically increase overhead, but Odigos’ solution eliminates this issue, maintaining performance while ensuring deep observability.
What the $13 Million Funding Means for Odigos’ Future Growth
The new funding will be instrumental in expanding Odigos’ product development and increasing its reach among enterprises. The company plans to continue improving its platform by adding more advanced features that cater to large-scale deployments and complex environments.
Odigos also aims to enter new markets, targeting regions with growing demand for observability tools. This expansion is supported by its growing team and new partnerships. The additional resources from the funding will allow the company to scale both its operations and customer engagement efforts.
Odigos’ Vision for the Future of Observability
Odigos is focused on shaping the future of observability by making distributed tracing more accessible. By refining its technology and ensuring seamless integrations, it seeks to help enterprises monitor their systems more effectively.
The company is also committed to supporting development teams by making observability easier to implement and manage. This will empower organizations to identify performance issues and bottlenecks in their systems more quickly, ensuring that IT teams can focus on innovation rather than system maintenance.
Please email us your feedback and news tips at hello(at)techcompanynews.com
