Foley Hoag Represents Datadog on $31 Million Series C Financing
January 30, 2015
Foley Hoag LLP recently represented Datadog, the leading SaaS-based monitoring platform for cloud applications, as it closed a $31 million Series C financing round.
Headquartered in New York City with an additional office in Boston, Datadog is a monitoring service that brings together data from servers, databases, applications, tools and services to present a unified view of the applications that run at scale in the cloud. The new funding will enable Datadog to grow engineering, sales and marketing teams to meet demand and accelerate new product development.
The round was led by existing investor Index Ventures, with follow-on investments from RTP Ventures, Openview Venture Partners, Amplify Partners and other equity holders.
Mark Haddad and Jonathan Romiti of Foley Hoag represented Datadog in the transaction.
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