Overview

Checkly provides an Application Reliability Platform designed for engineers to ensure their applications run smoothly. The platform allows users to continuously test and monitor their applications from the staging phase to production. When issues arise, Checkly quickly alerts the appropriate teams with detailed information, helping them respond effectively. One of its key features is the ability to update Status Pages in real-time, keeping everyone informed about outages. Additionally, Checkly offers full-stack traces that help identify the exact cause of problems, which aids in reducing Mean Time to Recovery (MTTR). Unlike many competitors, Checkly focuses specifically on the needs of engineers, providing tools that streamline the process of maintaining application reliability.

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Simplify's Take

What believers are saying

• Checkly raised $20M in Series B funding to expand and enhance its platform.
• The introduction of Checkly Traces aims to resolve issues 10x faster for engineers.
• Recognition as a 2023 Gartner Cool Vendor boosts Checkly's credibility and market presence.

What critics are saying

• Increased competition from other monitoring-as-code platforms may dilute Checkly's market share.
• Rapid technological advancements could outpace Checkly's development capabilities, risking obsolescence.
• Leadership changes might lead to strategic misalignments or cultural disruptions.

What makes Checkly unique

• Checkly offers a unique 'Monitoring as Code' approach for seamless integration into workflows.
• Their synthetic monitoring simulates user interactions to preemptively detect issues.
• Checkly's platform supports 'shift-left' testing, aligning with modern development practices.

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Funding

Total Funding

$32.3M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:

Accel

Notable Investors:

Accel

$20,000,000

Series B

Jul 2024

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$20M

$30M

$45M

$65M

$100M

View all funding stages