Cloud monitoring analytics platform Datadog, a New York-based firm which has raised a significant investment from top investors has acquired French startup Madumbo, a company which helps in testing a web product through their AI-powered bots. The financing details of the deal have not been disclosed as yet but the Madumbo team is set to join Datadog in their Paris office and will work on a new product altogether.
Datadog was founded by Alexis Lê-Quôc and Olivier Pomel in 2010 as an analytics platform which will monitor the details for cloud-based workflows. The company has raised close to $150 million in investment from where major backers include Amplify Partners, ICONIQ Capital, Index Ventures, Contour Venture Partners, OpenView Venture Partners, and RTP Ventures. Apart from Madumbo acquisition, the firm has acquired another French startup Logmatic.io, a SaaS-based log management platform which helps in troubleshooting and Mortar Data, a big data company based out of New York.
Madumbo CEO Gabriel-James Safar talking about joining Datadog said, “Joining Datadog and bringing Madumbo’s AI-powered testing technology to its platform is an amazing opportunity. We’ve long admired Datadog and its leadership, and are excited to expand the scope of our existing technology by integrating tightly with Datadog’s other offerings.”
Image Courtesy : Datadog, venturebeat