Odigos raises $13 million to simplify distributed tracing
The company helps customers to monitor data requests as they flow through their system, without requiring code changes or impacting performance.
Odigos, which develops an eBPF-based observability platform aimed at simplifying distributed tracing, announced on Monday that it has raised over $13 million in funding. The investment round was led by Venture Guides with additional participation from Salesforce Ventures, Mango Capital and Firestreak Ventures. Angel investors included Y Combinator; Martin Mao, CEO and Co-founder of Chronosphere; Christine Yen, CEO and Co-founder of Honeycomb; and Ben Sigelman, Co-founder and CEO of Lightstep (acquired by ServiceNow).
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Founded in 2023 by Ari Recht (CEO) and Eden Federman (CTO), Odigos was part of the Y Combinator accelerator program in 2023. The company aims to simplify distributed tracing by enabling customers to monitor data requests as they flow through their system, without requiring code changes or impacting performance. Distributed tracing is used to understand the interactions between services, how failure spreads, how latency builds up, and the impact on the original requesters. Traditional monitoring tools struggle to achieve accurate distributed tracing as they demand complex implementation requiring extensive manual effort, and coordination among many teams, and consume resources otherwise dedicated to the applications themselves.
To address developers’ challenges, Odigos uses eBPF, a kernel-level technology to automate the implementation of distributed tracing. Odigos’ technology delivers automatic context propagation for fully accurate distributed tracing in OpenTelemetry, the second-most popular open-source technology after Kubernetes, allowing customers to use Odigos with any observability tool.
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“Odigos supercharges any organization’s current monitoring solution by offering the only platform to provide complete observability without requiring code changes and performance overhead,” said Ari Recht, CEO and co-founder of Odigos. “We are excited to take on one of the foremost challenges engineers are facing today.”
