NEW YORK--(BUSINESS WIRE)--Aug. 6, 2020--
Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that it has acquired Undefined Labs, a testing and observability company for developer workflows. This acquisition extends Datadog’s existing platform into development environments and will provide organizations with better tooling and monitoring in continuous integration and deployment (CI/CD) workflows.
"In modern distributed systems, even small changes can have a big impact on applications' performance and availability," said Ilan Rabinovitch, Vice President, Product and Community at Datadog. "By enabling observability early in the development cycle, we can help teams optimize builds and gain visibility into key continuous integration and delivery workflows. Undefined Labs will form a solid basis for making observability a key part of every development cycle by diagnosing, catching, and avoiding performance challenges long before they hit production."
While performance and monitoring tooling for applications running in production have been widely available for decades, there is a severe lack of visibility in the earlier parts of the software development lifecycle. As changes to an application’s code are introduced, tracing the root cause to a specific change has become increasingly complex and time-consuming. These difficulties cause significant delays in the shipping of new software features and bug fixes. With the Datadog/Undefined Labs combination, customers will be able to identify and fix regressions before they make it to production by understanding what’s running where and how it got there.
According to Forrester Research1, “Speed-to-market is an overriding concern for firms offering digital products today. Those who can manage this speed, leverage it to ‘discover’ products and services via market exploration and feedback. The faster the execution of this build-measure-learn feedback loop, the more chance the product has of achieving breakaway popularity.”
“Joining Datadog is very exciting for the Undefined Labs team,” said Borja Burgos, co-founder and CEO at Undefined Labs. “We believe that visibility into pre-production is only the beginning and the greatest value will come from our customer’s ability to correlate development and production data.”
Under the terms of the acquisition, Mr. Burgos will join Datadog as Director, Product Management and co-founder and CTO, Fernando Mayo will join Datadog as Director, Product Engineering. All other Undefined Labs employees based in Atlanta, GA and Madrid, Spain, will become Datadog employees. The Undefined Labs brand and its products will be sunsetted over the coming weeks.
Datadog is the monitoring and security platform for cloud applications. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers’ entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.
This press release may include certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control, including those risks detailed under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 12, 2020, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
1 "Now Tech: Continuous Delivery And Release Automation, Q2 2020”, by Charles Betz and Will McKeon-White, Forrester Research, Inc., April 9, 2020
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Source: Datadog, Inc.