Datadog

{{Short description|American technology company}}

{{use dmy dates |date=October 2022}}

{{Infobox company

| name = Datadog, Inc.

| logo = Datadog logo.svg

| type = Public

| traded_as = {{ubl|class=nowrap|{{NASDAQ|DDOG}} (Class A)|Nasdaq-100 component}}

| industry = Software

| services = System monitoring

| products = Datadog

| founders = {{ubl|Olivier Pomel|Alexis Lê-Quôc}}

| founded = {{Start date and age|2010}}, in New York City

| hq_location = {{nowrap|New York City, U.S.}}

| area_served = Worldwide

| key_people = {{ubl|Olivier Pomel (CEO)|Alexis Lê-Quôc (CTO)}}

| num_employees = 6,500 (2024)

| revenue = {{increase}} {{US$|2.68 billion|link=yes}} (2024)

| operating_income = {{increase}} {{US$|54 million}} (2024)

| net_income = {{increase}} {{US$|184 million}} (2023)

| assets = {{increase}} {{US$|5.79 billion}} (2024)

| equity = {{increase}} {{US$|2.71 billion}} (2024)

| website = {{url|https://www.datadoghq.com/|datadoghq.com}}

| footnotes = {{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001561550/000156155025000025/ddog-20241231.htm |title=Datadog Annual Report 2024 Form 10-K |date=February 20, 2025 |publisher=U.S. Securities and Exchange Commission}}

}}

File:DatadogGoogleCloudSummit.jpg

Datadog, Inc. is an American company that provides an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform. Founded and headquartered in New York City, the company is a publicly traded entity on the Nasdaq stock exchange. The mascot is a dog named Bits.{{cite web|url=https://www.datadoghq.com/about/resources/|title=Press Kit|publisher=Datadog|access-date=2022-02-22}}

History

= Founding years =

Datadog was founded in New York City in 2010{{ cite web | url = http://www.stephpalmeri.com/post/867616712/quick-note-on-seedstart-demo-day | title = Quick Note on SeedStart Demo Day | access-date = 16 November 2018 | last = Palmeri | first = Steph | date = 27 July 2010 | website = StephPalmeri.com | quote = Here, the five SeedStart companies (DataDog, Introspectr, Lexeem, Reducify, and Risktail) debuted to over 100 venture capitalists, angel investors, and strategics from the New York City, Boston, Philadelphia, and Washington D.C. areas. | archive-url = https://web.archive.org/web/20100801231724/http://www.stephpalmeri.com/post/867616712/quick-note-on-seedstart-demo-day | archive-date = 1 August 2010 }} by Olivier Pomel{{Cite web |title=Olivier Pomel {{!}} Entrepreneurs |url=https://entrepreneurshares.com/entrepreneurs/olivier-pomel/ |access-date=2024-04-23 |website=ERShares |language=en-US}} and Alexis Lê-Quôc,{{Cite web |title=Alexis Lê-Quôc |url=https://www.forbes.com/profile/alexis-le-quoc/ |access-date=2024-04-23 |website=Forbes |language=en}} who met while working at Wireless Generation. After Wireless Generation was acquired by NewsCorp, the two set out to create a product that would reduce the friction they experienced between developer and systems administration teams, who were often working at cross-purposes.{{Cn|date=February 2025}}

They built Datadog to be a cloud infrastructure monitoring service, with dashboards, alerting, and visualizations of metrics. As cloud adoption increased, Datadog grew rapidly and expanded its product offerings to cover service providers including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, Red Hat OpenShift, VMware, and OpenStack.{{ cite web | url = https://www.sdxcentral.com/articles/news/monitoring-service-datadog-gets-31m-funding/2015/01/ | title = Monitoring Service Datadog Gets $31M in Funding | access-date = 16 November 2016 | last = Moriarty | first = Erin | date = 29 January 2015 | website = Sdxcentral.com | quote = Last year, support was broadened to multiple cloud service providers, including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Red Hat OpenShift, and the company added OpenStack support as well. As of today, Datadog integrates monitoring and web operations data from almost 100 commonly used technologies in modern cloud applications. | archive-url = https://web.archive.org/web/20150221025805/https://www.sdxcentral.com/articles/news/monitoring-service-datadog-gets-31m-funding/2015/01/ | archive-date = 21 February 2015

}}

= Company growth =

In 2015, Datadog opened a research and development office in Paris.{{Cite web |last=Almeida |first=James |date=2015-10-13 |title=Datadog Opens New R&D Innovation Lab in Paris |url=https://www.datadoghq.com/about/latest-news/datadog-opens-new-rd-innovation-lab-in-paris/ |access-date=2024-05-13 |website=Datadog |language=en}}

In 2016, Datadog moved its New York City headquarters to a full floor of the New York Times Building to support its growing team, which doubled over the course of the year.{{Cite web |last1=Mathurin |first1=Desiree |last2=Bockmann |first2=Rich |date=2016-05-25 |title=Datadog {{!}} New York Times Building {{!}} 620 Eighth Avenue |url=https://therealdeal.com/new-york/2016/05/25/analytics-startup-datadog-taking-a-bite-out-of-new-york-times-building/ |access-date=2024-05-13 |website=The Real Deal |language=en}} Datadog announced the beta-release of Application Performance Monitoring in 2016, offering for the first time a full-stack monitoring solution. As of 2024, the company has more than 5,200 employees, the majority of which are located in the US, with offices in New York, Boston, Paris, Dublin, Denver,  San Francisco,  Amsterdam, Japan, Australia and Singapore.{{Cite web |date=May 2024 |title=Datadog Investor Presentation |url=https://investors.datadoghq.com/static-files/986ca4cd-9507-4c9d-b56f-4bae59d3dd47 |website=Datadog.com}}

Prior to Datadog's initial public offering (IPO) in September 2019, the company was offered over $7 billion to be acquired by Cisco, but rejected it in favor of going public.{{Cite news |last1=Tan |first1=Gillian |last2=Baker |first2=Liana |last3=King |first3=Ian |date=18 September 2019 |title=Cisco Offered $7 Billion-Plus for DataDog As Company Prepares to IPO |url=https://www.bloomberg.com/news/articles/2019-09-18/cisco-is-said-to-have-bid-7-billion-plus-for-datadog-before-ipo |publisher=Bloomberg News |archive-url=https://archive.today/20200222011528/https://www.bloomberg.com/news/articles/2019-09-18/cisco-is-said-to-have-bid-7-billion-plus-for-datadog-before-ipo |archive-date=22 February 2020 |url-status=live |url-access=subscription}}

= Acquisitions =

In Feb 2015, Datadog announced its acquisition of Mortar Data to help tie analytics to data monitoring.{{Cite web |last=Kepes |first=Ben |title=DataDog Acquires Mortar Data To Tie Analytics To Monitoring |url=https://www.forbes.com/sites/benkepes/2015/02/11/datadog-acquires-mortar-data-to-tie-analytics-to-monitoring/ |access-date=2024-05-13 |website=Forbes |language=en}}

In September 2017, Datadog announced its acquisition of Logmatic.{{Cite web |last=Lardinois |first=Frederic |date=2017-09-07 |title=Datadog acquires Logmatic.io to add log management to its cloud monitoring platform |url=https://techcrunch.com/2017/09/07/datadog-acquires-logmatic-io-to-add-log-management-to-its-cloud-monitoring-platform/ |access-date=2024-05-13 |website=TechCrunch |language=en-US}}

In February 2019, Datadog announced its acquisition of Madumbo.{{Cite web |last=Vizard |first=Mike |date=2019-02-13 |title=Datadog Acquires App Dev Testing Platform Madumbo |url=https://devops.com/datadog-acquires-app-dev-testing-platform-madumbo/ |access-date=2024-05-13 |website=DevOps.com |language=en-US}}{{Cite web |last=Lardinois |first=Frederic |date=2019-02-12 |title=Datadog acquires app testing company Madumbo |url=https://techcrunch.com/2019/02/12/datadog-acquires-app-testing-company-madumbo/ |access-date=2024-05-13 |website=TechCrunch |language=en-US}}

In August 2020, Datadog announced its acquisition of Undefined Labs, a testing and observability company for developer workflows.{{Cite web |date=2020-08-07 |title=Datadog acquires Undefined Labs to provide visibility into CI/CD workflows |url=https://aijourn.com/datadog-acquires-undefined-labs/ |access-date=2024-05-13 |language=en-GB}}

In February 2021, Datadog announced its acquisition of Timber, a vendor agnostic, high-performance data pipeline.{{Cite web |date=2021-02-11 |title=Datadog acquires Timber and Sqreen, reports lower-than-expected guidance |url=https://siliconangle.com/2021/02/11/datadog-acquires-timber-sqreen-reports-lower-expected-guidance/ |access-date=2024-11-01 |website=SiliconANGLE |language=en-US}}

In February 2021, Datadog announced its acquisition of Sqreen, an application security platform for the modern enterprise.{{Cite web |last=Dillet |first=Romain |date=2021-02-12 |title=Datadog to acquire application security management platform Sqreen |url=https://techcrunch.com/2021/02/12/datadog-to-acquire-application-security-management-platform-sqreen/ |access-date=2024-05-13 |website=TechCrunch |language=en-US}}

In November 2021, Datadog announced its acquisition of Ozcode, a live debugging solution that brings code-level visibility into production environments.{{Cite news |date=2022-04-08 |title=Datadog buys Israeli API observability co Seekret |url=https://en.globes.co.il/en/article-datadog-buys-israeli-api-observability-co-seekret-1001420497 |access-date=2024-11-01 |work=Globes |language=en}}

In August 2022, Datadog announced its acquisition of Seekret, an API observability platform.{{Cite web |last=Sharma |first=Shubham |date=2022-08-04 |title=Datadog strengthens API observability with Seekret acquisition |url=https://venturebeat.com/data-infrastructure/datadog-strengthens-api-observability-with-seekret-acquisition/ |access-date=2024-05-13 |website=VentureBeat |language=en-US}}

In May 2022, Datadog announced its acquisition of HDIV.{{Cite web |last=Kobialka |first=Dan |date=2022-05-05 |title=Security Testing Acquisition: Datadog Buys Hdiv Security |url=https://www.msspalert.com/news/security-testing-acquisition-datadog-buys-hdiv-security |access-date=2024-05-13 |website=MSSP Alert |language=en}}{{Cite web |last=FinSMEs |date=2022-05-06 |title=Datadog To Acquire Hdiv Security |url=https://www.finsmes.com/2022/05/datadog-to-acquire-hdiv-security.html |access-date=2024-05-13 |website=FinSMEs |language=en-US}}

In Oct 2022, Datadog announced its acquisition of CoScreen, a tool for real-time collaboration.{{Cite web |date=2022-02-10 |title=SD Times news digest: SharePoint Framework 1.14 Release Candidate; Salt Security raises $140 million in Series D; Datadog completes acquisition of CoScreen |url=https://sdtimes.com/softwaredev/sd-times-news-digest-sharepoint-framework-1-14-release-candidate-salt-security-raises-140-million-in-series-d-datadog-completes-acquisition-of-coscreen/ |access-date=2024-11-01 |website=SD Times |language=en-US}}

In November 2022, Datadog announced its acquisition of Cloudcraft, an infrastructure modeling solution that enables you to create dynamic architecture diagrams.{{Cite web |last=FinSMEs |date=2022-11-05 |title=Datadog Acquires Cloudcraft |url=https://www.finsmes.com/2022/11/datadog-acquires-cloudcraft.html |access-date=2024-05-13 |website=FinSMEs |language=en-US}}

In April 2023, Datadog announced its acquisition of Codiga, which provides powerful static code analysis that works across the development lifecycle.{{Cite web |title=Datadog Acquires Codiga to Expand Its Observability Platform |url=https://www.builtinnyc.com/articles/datadog-acquires-codiga |access-date=2024-05-13 |website=Built In NYC |language=en}}{{Cite web |last=MarketScreener |date=2023-04-04 |title=Datadog, Inc. acquired Codiga | website =MarketScreener |url=https://www.marketscreener.com/quote/stock/DATADOG-INC-65956839/news/Datadog-Inc-acquired-Codiga-43643149/ |access-date=2024-05-13 |language=en}}

In November 2023, Datadog announced its acquisition of Actiondesk, a cloud-based spreadsheet application that integrates with your live data sources, enabling you to access and join data from across your cloud stack.{{Cite web |title=Jonathan Parisot on LinkedIn: Actiondesk joins Datadog |url=https://www.linkedin.com/posts/jonathan-parisot-10054625_actiondesk-joins-datadog-actiondesk-activity-7129911403854884864-Vel4 |access-date=2024-05-13 |website=www.linkedin.com |language=en}}{{ugc|date=June 2024}}

Products

Datadog offers a range of monitoring services to support engineering teams in effectively managing their cloud or hybrid environments. These services include Infrastructure Monitoring,{{Cite web |title=Infrastructure Monitoring |url=https://www.datadoghq.com/product/infrastructure-monitoring/ |access-date=2025-06-05 |website=www.datadoghq.com}} Network Performance Monitoring,{{Cite news |last=Eissler |first=Eric |date=September 30, 2022 |title=What Is Network Performance Monitoring and How Can You Implement It in Your Business? |url=https://techgenix.com/network-performance-monitoring/ |work=Tech Genix}} Network Device Monitoring, Serverless Monitoring, and Cloud Cost Management to help businesses maintain the reliability, performance, and cost-effectiveness of their infrastructure and applications.{{Cn|date=February 2025}}

Technology

File:Datadog high-level architecture.svg

Datadog uses a Go-based agent, rewritten from scratch since its major version 6.0.0 released on February 28, 2018.GitHub, [https://github.com/DataDog/datadog-agent "Datadog / datadog-agent."] Retrieved June 6, 2018. It was formerly Python-based,GitHub, [https://github.com/DataDog/dd-agent "Datadog / dd-agent."] Retrieved February 20, 2015. forked from the original created in 2009 by David Mytton{{cite web|url=https://github.com/DataDog/dd-agent/commit/9311d425aec52cf165a3476d54fd2d6caeddee56|title=First commit · DataDog/dd-agent@9311d42|website=GitHub|access-date=2016-07-03}} for Server Density (previously called Boxed Ice). Its backend is built using a number of open and closed source technologies including D3, Apache Cassandra, Kafka, PostgreSQL, etc.Hakka Labs, Alexis Lê-Quôc, [https://www.hakkalabs.co/articles/realtime-data-analytics-at-datadog "Realtime Data Analytics at Datadog."] January 9, 2014. Retrieved February 20, 2015

In 2014, Datadog support was broadened to multiple cloud service providers including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Red Hat OpenShift. As of October 2024, the company supports over 750 integrations.Datadog, [https://docs.datadoghq.com "Docs."] Retrieved October 13, 2024.

Funding

In 2010, Datadog launched with a seed round, with participation by NYC Seed, Contour Venture Partners, IA Ventures, Jerry Neumann and Alex Payne, among others. In 2012, it raised a $6.2 million Series A round co-led by Index Ventures and RTP Ventures.{{cite web|first=Andrii |last=Degeler |url=https://thenextweb.com/insider/2012/11/20/datadog-secures-62m-in-funding-from-index-ventures-and-rtp-ventures/ |title=Datadog secures $6.2m in funding from Index Ventures and RTP Ventures |website=TheNextWeb.com |date=2012-11-20 |access-date=2018-03-29}} In 2014, Datadog raised a $15 million Series B round led by OpenView Venture Partners,{{cite web |last=Darrow |first=Barb |url=https://gigaom.com/2014/02/04/datadog-snags-15m-to-monitor-and-manage-your-clouds/ |title=Datadog snags $15M to monitor and manage your cloud(s) |publisher=Gigaom |date=2014-02-04 |access-date=2018-03-29 |archive-date=9 February 2014 |archive-url=https://web.archive.org/web/20140209111708/https://gigaom.com/2014/02/04/datadog-snags-15m-to-monitor-and-manage-your-clouds/ |url-status=dead }} followed by a $31 million Series C round led by Index Ventures in 2015.{{cite web |last=Darrow |first=Barb |url=https://gigaom.com/2015/01/28/datadog-fetches-31m-to-beef-up-sales-and-engineering/ |title=Datadog fetches $31M to beef up sales and engineering |publisher=Gigaom |date=2015-01-28 |access-date=2018-03-29 |archive-date=29 January 2015 |archive-url=https://web.archive.org/web/20150129054758/https://gigaom.com/2015/01/28/datadog-fetches-31m-to-beef-up-sales-and-engineering/ |url-status=dead }} Datadog opened 2016 with a $94.5 million Series D round led by ICONIQ Capital,{{cite web|url=https://techcrunch.com/2016/01/12/investors-feed-datadog-a-hefty-94-5-million-round/ |title=Investors Feed Datadog A Hefty $94.5 Million Round – TechCrunch |publisher=Techcrunch.com |date=2015-01-28 |access-date=2018-03-29}} one of the largest funding rounds for a New York City company during that year.{{cite web|last=Sodd |first=Anthony |url=http://www.builtinnyc.com/2016/12/24/nycs-largest-funding-rounds-2016 |title=NYC's 10 largest funding rounds of 2016 |publisher=Built In NYC |date=2017-01-03 |access-date=2018-03-29}}

Datadog went public via an IPO on the Nasdaq exchange on September 19, 2019, selling 24 million shares and raising $648 million, valuing the company at $8.7 billion.{{cite web |title=Datadog pops 39% in Nasdaq debut as cloud software IPOs stay hot |url=https://www.cnbc.com/2019/09/19/datadog-pops-50percent-in-nasdaq-debut-as-cloud-software-ipos-stay-hot.html |date=2019-09-19 |website=CNBC |access-date=2020-06-19}}{{Cite web |last=Primack |first=Dan |date=19 September 2019 |title=Datadog raises $648 million in IPO |url=https://www.axios.com/2019/09/19/datadog-648-million-initial-public-offering |website=Axios}}

References

{{Reflist}}