Instana

Instana's software is intended particularly for use in monitoring and managing the performance of software used in microservice architectures,{{cite journal |last1=Heinrich |first1=Robert |last2=van Hoorn |first2=André |last3=Knoche |first3=Holger |last4=Li |first4=Fei |last5=Lwakatare |first5=Lucy Ellen |last6=Pahl |first6=Claus |last7=Schulte |first7=Stefan |last8=Wettinger |first8=Johannes |title=Performance Engineering for Microservices: Research Challenges and Directions |journal=ICPE '17 Companion/GEOMAR |date=4 Apr 2017 |page=3 |url=http://oceanrep.geomar.de/37428/1/HeinrichvanHoornKnocheLiLwakatarePahlSchulteWettinger2017PerformanceEngineeringForMicroservicesResearchChallengesAndDirections-publisher.pdf}} and permits 3D visualisation of performance{{cite journal |last1=Barakat |first1=Saman |title=Monitoring and Analysis of Microservices Performance |journal=Journal of Computer Science and Control Systems |date=May 2017 |volume=10 |issue=1 |page=22 |url=https://www.researchgate.net/publication/317690568 |accessdate=25 September 2019}} through graphs generated using machine learning algorithms, with notifications regarding performance also generated automatically.{{cite book |last1=Sharma |first1=Umesh Ram |title=Practical Microservices |date=28 Jul 2017 |publisher=Packt Publishing Ltd |isbn=978-1785880162 |pages=211–212 |url=https://books.google.com/books?id=ueZDDwAAQBAJ&q=%22Instana%22&pg=PA212 |accessdate=25 September 2019}} Instana's Application Performance Monitoring (APM) tool of the same name is especially purposed for monitoring software used in so-called "container orchestration" (a modular method of providing a software service).{{cite journal |last1=Seifermann |first1=Valentin |title=Application Performance Monitoring in Microservice-Based Systems |date=2017 |page=18 |doi=10.18419/opus-9827 |url=https://elib.uni-stuttgart.de/handle/11682/9844 |accessdate=25 September 2019}}

The firm was founded in April 2015 by Mirko Novakovic, Pete Abrams, Fabian Lange, and Pavlo Baron as a spin-off of Codecentric (which was founded in 2005).{{cite news |last1=Maas |first1=Marie-Charlotte |title=Instana: 30 Millionen US-Dollar für Solinger Software-Start-up |url=https://gruender.wiwo.de/instana-30-millionen-us-dollar-fuer-software-start-up/ |accessdate=25 September 2019 |work=Wirtschafts Woche |date=29 September 2018}}

By December 2017, it had received a total of $26 million from investors,{{cite news |last1=Lardinois |first1=Frederic |title=Instana raises $20 million for its microservice monitoring and management service |url=https://techcrunch.com/2017/12/14/instana-raises-20-million-for-its-microservice-monitoring-and-management-service/ |accessdate=25 September 2019 |work=TechCrunch |date=14 December 2017}} and by October 2018, this had risen to a total of $57 million.{{cite news |last1=Schnor |first1=Pauline |title=Mit 30 Millionen Dollar schmeißt man keine Party |url=https://www.welt.de/wirtschaft/gruenderszene/article182033278/Start-up-Instana-Mit-30-Millionen-Dollar-schmeisst-man-keine-Party.html |accessdate=25 September 2019 |work=Die Welt |date=13 October 2018}} However this investment came primarily from outside Germany.{{cite news |last1=Schäfer |first1=Ulrich |title=Jenseits von Solingen |url=https://www.sueddeutsche.de/wirtschaft/kolumne-deutsches-valley-jenseits-von-solingen-1.4288446 |accessdate=25 September 2019 |work=Süddeutsche Zeitung |date=15 January 2019}} $20 million of this funding was raised in the series B round led by Accel Partners{{cite news |last1=Marinova |first1=Polina |title=Term Sheet — Friday, December 14 |url=https://fortune.com/2017/12/14/term-sheet-friday-december-15/ |accessdate=25 September 2019 |work=Fortune |date=14 December 2017}} whilst $30 million of this total was raised in the series C round led by Meritech Capital Partners. In February 2019 the company employed more than 100 employees in different sites around Solingen,{{cite news |title=Instana-Umzug nach Hackhausen geplatzt |url=https://rp-online.de/nrw/staedte/solingen/solingen-neubauplaene-liegen-weiter-auf-eis_aid-36591895 |accessdate=25 September 2019 |work=RP Online |date=7 February 2019}} including in the suburb of Ohligs.{{cite news |last1=Prinz |first1=Stefan |title=Ohligs: Unternehmer investiert Millionen |url=https://www.solinger-tageblatt.de/solingen/ohligs-unternehmer-investiert-millionen-12314807.html |accessdate=25 September 2019 |work=Solinger Tageblatt |date=24 May 2019}}

In November 2020, IBM, as part of continuing investments in big data and AIs, announced an agreement to acquire Instana.{{Cite web|title=IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy|url=https://newsroom.ibm.com/2020-11-18-IBM-to-Acquire-Instana-as-Company-Continues-to-Advance-its-Hybrid-Cloud-and-AI-Strategy|access-date=2020-11-18|website=IBM News Room|language=en-us}}

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Category:Business software companies

Category:Software companies established in 2015