Pixie Labs to expand New Relic’s opportunity in the rapidly growing Kubernetes market
SAN FRANCISCO–(BUSINESS WIRE)–#Kubernetes–Today, New Relic, Inc. (NYSE: NEWR), a leader in observability, announced it has signed a definitive agreement to acquire Pixie Labs, a next generation machine intelligence observability solution for developers using Kubernetes. Pixie dramatically simplifies the process of troubleshooting and live debugging applications in Kubernetes environments by providing instant access to telemetry data without the need to manually add instrumentation to the code. The anticipated addition of Pixie will expand New Relic’s opportunity to serve the rapidly growing Kubernetes market, and drive the acceleration of observability across organizations of every size.
Zain Asgar, Ishan Mukherjee, Pixie Founding TeamDecember 09, 2020
We are excited to announce that we signed a definitive agreement to join New Relic an outcome we certainly never predicted after only just two years.
New Relic’s focus on the developer is legendary. When New Relic s Founder/CEO, Lew Cirne, first started tinkering around with Pixie and participating in our community, we noticed an alignment in our visions for the future of observability, as well as echoes of New Relic’s developer-centric roots in Pixie. Joining New Relic will provide us with an unprecedented opportunity to reach millions of developers faster by open-sourcing a self-managed version of Pixie in the upcoming months.
New Relic acquires Kubernetes observability platform Pixie Labs
Two months ago, Kubernetes observability platform Pixie Labs launched into general availability and announced a $9.15 million Series A funding round led by Benchmark, with participation from GV. Today, the company is announcing its acquisition by New Relic, the publicly traded monitoring and observability platform.
The Pixie Labs brand and product will remain in place and allow New Relic to extend its platform to the edge. From the outset, the Pixie Labs team designed the service to focus on providing observability for cloud-native workloads running on Kubernetes clusters. And while most similar tools focus on operators and IT teams, Pixie set out to build a tool that developers would want to use. Using eBPF, a relatively new way to extend the Linux kernel, the Pixie platform can collect data right at the source and without the need for an agent.
Two months after launch, monitoring startup Pixie Labs acquired by New Relic
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New Relic Inc. today announced plans to acquire Pixie Labs Inc., a startup with a platform for monitoring Kubernetes workloads that launched from stealth mode just over two months ago.
Pixie Labs launched at the start of October with $9.15 million in initial funding and a platform designed to make it easier to monitor applications running on Kubernetes. Enterprises need to keep an eye on the state of their services to make sure they’re not experiencing any technical issues that may hinder user productivity or customer experience. To do so, they embed special “instrumentation” code into their applications that collects operational data.