SignalFx expands to Europe

New European headquarters mark yet another milestone, and top off a year of rapid growth.

Wednesday, 14th March 2018 Posted 6 years ago in by Phil Alsop

SignalFX has opened its European headquarters in London. The expansion follows a year of significant customer acquisitions, new partnerships and integrations, revenue growth, and new patents. With an expanded executive team and growing headcount, the company has to-date raised nearly $60 million in funding. The new headquarters will accelerate growth in Europe as the company broadens its global customer base.

Founded in 2013 as the only real-time monitoring platform for cloud-native architectures, SignalFx has won significant relationships with Fortune 500 enterprise companies across all verticals, including financial services, media, telecommunications, retail, hi-tech, healthcare, manufacturing, and consumer products.

SignalFx secured $30 million in series C funding in October 2017 from current investors Andreessen Horowitz and Charles River Ventures. This follows a $20 million series B and $8.5 million series A round, which brings the company’s total capital raised to $58.5 million.

“With our extensive customer growth, innovations, patents and leadership team expansion, 2017 was a landmark year. Our momentum is underscored by today’s announcement of our expansion to Europe,” said Karthik Rau, Founder and CEO of SignalFx. “Having a SignalFx team on the ground in the United Kingdom enables us to better meet the unique business and technology needs of European companies as we continue to gain global market share.”

Much of the company’s growth follows key executive appointments in 2017, including Mark Cranney, Chief Commercial Officer; Arijit Mukherji, Chief Technology Officer; Rajesh Raman, Chief Architect; Patrick Lin, Chief Product Officer; Tom Butta, Chief Marketing Officer; Travis Patterson, Vice President Worldwide Sales; and Stephen Tsuchiyama, Vice President Global Partner Sales and Alliances. This leadership team has led innovative and rapid-growth companies like Andreessen Horowitz, Cisco, Facebook, Google, Opsware, PTC, Red Hat, Sprinklr and VMware.