Patronus AI, Inc. announced that it has received $17 million in funding from Lightspeed Ventures, LLC, Datadog, Inc., Factorial Capital Management, LLC, Notable Capital and other investors
May 21, 2024
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Patronus AI, Inc. announced that it has received $17 million in its first tranche led by new investor, Notable Capital on May 22, 2024. The transaction included participation from new investor, Datadog, Inc., returning investors, Lightspeed Ventures, LLC, and Factorial Capital Management, LLC, individual investors, Gokul Rajaram, Jonathan Frankle, Jason Warner, Tristan Handy, Michael Callahan, Barr Moses, Aparna Sinha, and Nadim Hossain, and several leading software and AI executives. Glenn Solomon represented Notable Capital in the transaction and joined company?s board of directors as a part of the transaction.
The company has raised $20 million in funding till date.
Datadog, Inc. specializes in the development and operation of an IT infrastructure and application monitoring and analysis platform dedicated to developers, IT operations teams and business users in the fields of digital transformation and cloud migration. The group's SaaS-operated platform integrates and automates IT infrastructure monitoring, network performance monitoring, network devices, databases and applications, log management and data analysis, enabling unified and real-time observation of its customers' entire technology stack.
At the end of 2023, Datadog, Inc. had approximately 27,300 users.
North America accounts for 69.9% of net sales.
Patronus AI, Inc. announced that it has received $17 million in funding from Lightspeed Ventures, LLC, Datadog, Inc., Factorial Capital Management, LLC, Notable Capital and other investors
DATADOG, INC. 
