CtrlB Raises $2.5 Mn To Help Enterprises Cut Observability Costs

CtrlB Raises $2.5 Mn To Help Enterprises Cut Observability Costs

SUMMARY

Founded in 2023 by Adarsh Srivastava and Balasubramanian P, CtrlB unifies important data in a single system to make large-scale observability simpler and more affordable for engineering teams

To scale its tech stack, CtrlB today announced a fundraise of $2.5 Mn (INR 22.2 Cr) in its seed round led by Chiratae Ventures, with participation from Equirus, InnovateX Fund, Campus Fund and Point One Capital

The Bengaluru-based startup will utilise the fresh capital to scale its core technology, file for patents and secure key certifications like SOC 2 and ISO 27001

Most companies today collect huge amounts of data from their apps and systems to help their engineers find and fix problems quicker. However, the volume has grown so much that most tools cannot handle it well. 

To fix this, businesses often end up either deleting important data or paying hefty bills to store it. As a result, fixing issues becomes slow, visibility drops and costs keep rising.

For instance, if a food delivery app crashes during peak hours, it generates thousands of error signals in minutes. Engineers need all this data to find the root cause. But traditional tools often get overloaded, meaning the team either loses important information or spends a lot of money just to store it. This slows down the fix and affects customers.

This is the problem startups like CtrlB is trying to solve. Founded in 2023 by Adarsh Srivastava and Balasubramanian P, CtrlB unifies important data in a single system to make large-scale observability simpler and more affordable for engineering teams.

It claims its platform offers fast data ingestion, high-speed indexing and significant compression, which can reduce storage costs and allow businesses to retain more data. The startup says its engine can deliver up to 200x compression and help cut overall observability spending by as much as 80%.

To scale its tech stack, CtrlB today announced a fundraise of $2.5 Mn (INR 22.2 Cr) in its seed round led by Chiratae Ventures, with participation from Equirus, InnovateX Fund, Campus Fund and Point One Capital. 

The Bengaluru-based startup will utilise the fresh capital to scale its core technology, file for patents and secure key certifications like SOC 2 and ISO 27001. It also plans to expand its presence in India and the US, grow partnerships across cloud and DevOps ecosystems and increase its team strength to 50–60.

Over the next 18 months, CtrlB expects to onboard more than 50 enterprise customers across logistics, fintech, ecommerce and SaaS. Over time, it also aims to move into adjacent areas such as APM and log analytics and eventually build a combined security and observability cloud.

Srivastava said in a statement that the funding will help the company improve product performance and customer experience. He added that enterprises want observability tools that are faster and more cost-efficient as telemetry volumes continue to rise.

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CtrlB Raises $2.5 Mn To Help Enterprises Cut Observability Costs-Inc42 Media
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