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Israel’s Rookout Bought by Dynatrace for Up to $60 Million

Rookout

Rookout team at work (Facebook)

Rookout, an Israeli startup that develops an observability platform for the debugging of code, is being acquired by Dynatrace, which offers a software intelligence platform, for an undisclosed amount. But Israel’s Calcalist reported that the deal could be worth as much as $60 million. Dynatrace currently has a market cap of roughly $16 billion on the NYSE.

Dynatrace boasts that its unified platform combines broad and deep observability and continuous runtime application security with the most advanced AIOps to provide answers and intelligent automation from data at an enormous scale. This enables, says the company, innovators to modernize and automate cloud operations, deliver software faster and more securely, and ensure flawless digital experiences.

“Adding Rookout to the Dynatrace platform will provide developers with increased code-level observability into production environments,” said the company. “This will also add interactivity and control to troubleshooting and debugging in production and drastically reduce the need to replicate issues in pre-production environments. The addition of Rookout to the Dynatrace platform will also improve collaboration across development, IT, and security teams by empowering them with a single platform for observability and security analytics and automation.”

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Dynatrace said the addition of Rookout to the Dynatrace platform will “help developers accelerate innovation and delivery of flawless and secure releases.”

Founded in 2017, Rookout says that it empowers engineers to solve customer issues 5 times faster, by making debugging” easy and accessible in any environment,” from cloud native to on-prem and from dev to production. With its live data collection and debugging platform, Rookout allows software engineers to handle the complexity of modern applications by seeing into their code in real-time, as I is running. Using Non-Breaking Breakpoints, software engineers get the data they need instantly, without additional coding, restarts, or redeployment of their application required.

Rookout boasts that it is built from the ground up for developers, who care more about the actual code and business logic of their applications. In this way the company says that it can better help the QA people find the mistakes that cause the bugs.

Our mission is to make debugging easy and fast for developers with state-of-the-art quality and a simple experience,” said Shahar Fogel, CEO at Rookout. “We believe integrating Rookout into the Dynatrace platform and leveraging the AI and automation capabilities Dynatrace is known for will accelerate this mission. This will also create a new standard for how engineers use developer-first, cloud-native observability to improve productivity by enabling them to spend less time on manual activities and more time delivering business value.”

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