Observability platform Honeycomb fetches $50m Series D

• Other backers include Insight Partners and Scale Venture Partners
• This round brings the total capital raised to nearly $150 million
• In addition to the funding, Kelly Watkins, former vice president of global marketing at Slack and CEO of Abstract, has joined Honeycomb’s board of directors

Honeycomb, a observability platform used by high-performing engineering teams to investigate the behavior of cloud applications, has raised $50 million in Series D funding.

Headline led the round. Other backers include Insight Partners and Scale Venture Partners.

This round brings the total capital raised to nearly $150 million.

In addition, Kelly Watkins, former vice president of global marketing at Slack and CEO of Abstract, has joined Honeycomb’s board of directors.

“Software is the genetic makeup of our modern global society. We rely on it for everything—so if your apps and services aren’t performing how they were intended to, users will leave them to find ones that work,” said Tom Gieselmann, founding partner at Headline, in a statement. “This makes the mission and value that Honeycomb’s observability platform provides to engineering teams business-critical, and we couldn’t be more thrilled to help them scale to win big on a global level.”

The funding will be used for expansion.

Headline is composed of a network of four regionally-focused early-stage funds in the US, Europe, Brazil, and Asia and a global venture growth fund that invests worldwide. Headline was founded in 1999.