Tuesday, October 26, 2021

Elastic Acquires Continuous Profiling Company Optimyze to Improve Cloud Efficiency

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Elastic has announced plans to acquire Optimyze, the company behind the continuous profiling platform Prodfiler. Terms of the deal were not disclosed.

The news comes less than two months after Elastic, the company behind Elasticsearch’s big data analytics and search engine, acquired two cloud security companies. called Cmd other Build Safety. With Optimyze under its wing, Elastic is now well positioned to “unify the pillars of observability” (metrics, logs, and traces) with new continuous profiling capabilities, allowing its customers to observe other protect your data through a single integrated platform.

Improve cloud efficiency

With the constant shift towards SaaS and cloud computing, computational efficiency has become an important factor for business results. The continuous profile belongs to the broader category of software monitoring known as observability, which is about measuring the internal state of a system by analyzing the results; This can help establish the performance of a system and identify problems.

Businesses have gradually embraced continuous profiling as a means of monitoring all the resources an application uses, such as CPU or memory, to give engineers a deeper understanding of which specific piece of code is consuming the most resources. This data can help companies reduce their cloud bill, for example, since cloud platform providers often charge based on consumption. Google was one of the first champions of continuous profiling, detailing the concept in a 2010 article.

There are a handful of notable players in the continuous profiling space, including software monitoring giant Datadog. And earlier this week, Polar Signals launched an open source continuous profiling platform called Parca, backed by an initial round of $ 4 million funding from the venture capital division of Alphabet, GV and Lightspeed.

Founded in Switzerland in 2018, Optimyze Prodfiler provides clients like Booking.com with information about their entire cloud infrastructure, including applications and services, helping them “eliminate blind spots,” Optimyze said. The company raised $ 3 million last year in an initial round of funding led by esteemed Silicon Valley venture capital firm Andreessen Horowitz.

Elastic said it expects to close the Optimyze acquisition by the end of the year.

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