Lightrun (Linkedin)
Israeli startup Lightrun, a leading platform in Developer Observability, has announced the closing of a $70 million Series B funding round, bringing its total funding to $110 million. The round was led by prominent investors Accel and Insight Partners, with additional participation from Citi, Glilot Capital, GTM Capital, and Sorenson Capital.
Founded in 2019 by CEO Ilan Peleg and CTO Leonid Blouvsh, Lightrun is the first complete continuous debugging and observability platform. Lightrun says that it allows developers to easily and securely add logs, performance metrics and traces to production and staging environments in real-time and on-demand. “By enabling developers to gather data from the app in real-time,” it states, “developers and I&O leaders gain 100% code-level observability and faster resolution of production issues. Lightrun also boasts that it replaces the iterative, non-agile process required today for debugging applications.
The growing complexity of software and the critical need for reliability are driving enterprises to prioritize efficiency and resilience. Addressing the lag in production resilience despite advancements in development automation, Lightrun introduces its AI-powered Autonomous Remediation Platform. This innovative solution fully automates code fixes, significantly streamlining the remediation process from initial ticket to final resolution.
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By moving beyond traditional reactive observability to proactive, real-time remediation, Lightrun allows engineering teams to detect, diagnose, and resolve runtime issues dramatically faster. Especially in the era of GenAI and accelerated software delivery, this evolution is vital for CIOs focused on maintaining operational reliability once code is live. Lightrun effectively bridges the production resilience gap with its autonomous, AI-driven remediation, ensuring modern software systems are consistently resilient and reliable.
This significant investment strengthens Lightrun’s market leadership in the Developer Observability space and accelerates its strategic expansion into the enterprise segment — particularly among financial institutions, including several of the world’s top F10 banks. As software teams demand real-time, production-level observability without compromising performance, Lightrun’s platform continues to gain traction for enabling secure, live debugging and logging in complex environments.
The new capital will be used to scale Lightrun’s go-to-market efforts, enhance its product capabilities, and deepen adoption across high-compliance industries such as finance, healthcare, and telecom.
“In 2024, dramatic shifts in the SDLC — from the exponential acceleration of software delivery by AI Code Assistants to the rising importance of resiliency — have made the SDLC increasingly vulnerable,” said Ilan Peleg, CEO of Lightrun. “Lightrun bridges this gap, ensuring that once code hits production, teams can move fast and stay reliable. As autonomous software development becomes reality, we see the next frontier in autonomous remediation — software that can fix itself autonomously.”
