Instana Explained

Instana
Type:	Start-up^[1]
Founded:	in Solingen, Germany

Instana is a German-American software firm based in Solingen as well as Chicago and San Francisco.^[2] ^[3] It specialises in developing application performance management (APM) software.^[4] ^[5]

Products

Instana's software is intended particularly for use in monitoring and managing the performance of software used in microservice architectures,^[6] and permits 3D visualisation of performance^[7] through graphs generated using machine learning algorithms, with notifications regarding performance also generated automatically.^[8] 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).^[9]

History

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).^[10]

By December 2017, it had received a total of $26 million from investors,^[11] and by October 2018, this had risen to a total of $57 million.^[12] However this investment came primarily from outside Germany.^[13] $20 million of this funding was raised in the series B round led by Accel Partners^[14] 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,^[15] including in the suburb of Ohligs.^[16]

In November 2020, IBM, as part of continuing investments in big data and AIs, announced an agreement to acquire Instana.^[17]

Notes and References

News: Rabenschlag . René . Silicon Valley investiert in Solingen . 2 October 2019 . Lokalzeit Bergisches Land . WDR . WDR . 28 December 2018.
News: Instana zieht zur Prinzenstraße . 25 September 2019 . RP Online . 23 May 2019.
News: Schnor . Pauline . Solinger Software-Startup bekommt 30 Millionen Dollar von Facebook-Investoren . 3 October 2019 . Gruenderszene . 26 September 2018.
News: Steger . Johannes . Das Silicon Valley entdeckt Solingen . 25 September 2019 . Handelsblatt . 14 December 2017.
News: Marinova . Polina . Term Sheet — Thursday, September 27 . 25 September 2019 . Fortune . 27 September 2018.
Heinrich . Robert . van Hoorn . André . Knoche . Holger . Li . Fei . Lwakatare . Lucy Ellen . Pahl . Claus . Schulte . Stefan . Wettinger . Johannes . Performance Engineering for Microservices: Research Challenges and Directions . ICPE '17 Companion/GEOMAR . 4 Apr 2017 . 3 .
Barakat . Saman . Monitoring and Analysis of Microservices Performance . Journal of Computer Science and Control Systems . May 2017 . 10 . 1 . 22 . 25 September 2019.
Book: Sharma . Umesh Ram . Practical Microservices . 28 Jul 2017 . Packt Publishing Ltd . 978-1785880162 . 211–212 . 25 September 2019.
Seifermann . Valentin . Application Performance Monitoring in Microservice-Based Systems . 2017 . 18 . 10.18419/opus-9827 . 25 September 2019.
News: Maas . Marie-Charlotte . Instana: 30 Millionen US-Dollar für Solinger Software-Start-up . 25 September 2019 . Wirtschafts Woche . 29 September 2018.
News: Lardinois . Frederic . Instana raises $20 million for its microservice monitoring and management service . 25 September 2019 . TechCrunch . 14 December 2017.
News: Schnor . Pauline . Mit 30 Millionen Dollar schmeißt man keine Party . 25 September 2019 . Die Welt . 13 October 2018.
News: Schäfer . Ulrich . Jenseits von Solingen . 25 September 2019 . Süddeutsche Zeitung . 15 January 2019.
News: Marinova . Polina . Term Sheet — Friday, December 14 . 25 September 2019 . Fortune . 14 December 2017.
News: Instana-Umzug nach Hackhausen geplatzt . 25 September 2019 . RP Online . 7 February 2019.
News: Prinz . Stefan . Ohligs: Unternehmer investiert Millionen . 25 September 2019 . Solinger Tageblatt . 24 May 2019.
Web site: IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy. 2020-11-18. IBM News Room. en-us.