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Checkly Secures $20M from Balderton Capital to slash website downtime with 10x faster issue resolving via OTel and code-based monitoring

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Checkly – the leading provider of synthetic monitoring powered by Monitoring as Code (MaC) and Playwright – has raised a $20 million Series B funding round led by Balderton Capital. Existing investors Accel, CRV, and Paul H. Müller also participated. In conjunction with the funding announcement, Checkly is unveiling its new Checkly Traces feature which will help engineers resolve issues even faster by connecting synthetics with tracing. In this way, engineers will have immediate insight into failures and will no longer need manual data correlation.

BOSTON, Mass., July 31, 2024 /PRNewswire-PRWeb/ — Checkly Secures $20M from Balderton Capital to slash website downtime with 10x faster issue resolving via OTel and code-based monitoring

Engineering teams are using Checkly to find and fix issues up to 10x fasterCheckly’s Monitoring as Code (MaC) platform provides engineers with alerts and insights in real-time, deeply integrated in their processesThe Series B round was led by Balderton Capital, with existing investors Accel, CRV, and Paul H. Müller returning, and follows Checkly being named a Gartner Cool VendorThe announcement comes as Checkly announces Checkly Traces, a feature connecting synthetics with tracing to detect and resolve issues even faster

We’ve had end-to-end monitors written on many projects, and the risk is they start to die and become unmaintainable. Part of that is because of difficulties unpicking what’s actually happening under the hood. Checkly Traces changes all that, making observability seamless and effective. – Parallax.

31 July, 2024: Checkly – the leading provider of synthetic monitoring powered by Monitoring as Code (MaC) and Playwright – has raised a $20 million Series B funding round led by Balderton Capital. Existing investors Accel, CRV, and Paul H. Müller also participated.

Founded in 2020, Checkly is on a mission to enable engineers to detect and resolve issues 10x faster through code-first synthetic monitoring that helps engineering teams through a code-first workflow. Checkly provides the most effective solutions for developers for proactive issue detection, before users even realize there’s a problem. In today’s 24/7 world, quick detection and resolution of issues is business critical both to prevent costly downtime and to meet customer expectations. Yet very few engineers have access to full observability and monitoring tools, and many of these tools still run in silos, managed separately from the app or API’s code. This disconnect means the average time to repair faults is more than an hour for most businesses (82%).

Proactive and purpose-built

By integrating advanced, proactive and purpose-built synthetic monitoring tools inside repositories, Checkly ensures monitoring is always in sync with the latest code changes. Engineers and developers can simulate user interactions continuously in 20+ remote locations worldwide using automated Playwright scripts, and get automatic, real-time, accurate alerts alongside detailed insights that help them turn alerts into action. This not only makes it easier for developers to track and manage everything in one place, but it helps catch issues early, without the usual delays and false positives seen with legacy tools. All while empowering the DevOps team to understand and own the monitoring of their services.

Checkly’s developer-first approach is tightly integrated, and up to 80% cheaper than legacy tools and is being used by more than 1,000 customers. Thousands of developers run 32.5M million checks on the Checkly platform each day and the platform has seen 3x growth among enterprise customers.

The monitoring and observability market is expected to grow 11.7% to $4.1bn by 2028 as downtime becomes ever more critical to businesses and Checkly has rapidly become one of the industry’s leading challengers of legacy systems, recently named a Gartner Cool Vendor 2023. This recognition followed Checkly’s Monitoring as Code being named an emerging practice in two Gartner Hype Cycles – Monitoring and Observability Hype Cycle and SRE Hype Cycle. Checkly’s co-founders CEO Hannes Lenke, Chief Evangelist Tim Nolet, and COO Timo Euteneuer have deep understanding of the software development cycle and proven experience in building companies in web monitoring and observability.

With the new funding, Checkly plans to grow its teams, expand its reach, and further develop its code-first monitoring platform to support even faster remediation. It brings Checkly’s total funding to $32.25M and will see Balderton Capital Partner, Colin Hanna join Checkly’s board of directors, bringing insights and expertise to the company’s growth.

Introducing Checkly Traces

In conjunction with the funding announcement, Checkly is unveiling its new Checkly Traces feature which will help engineers resolve issues even faster by connecting synthetics with tracing. In this way, engineers will have immediate insight into failures and will no longer need manual data correlation.

Hannes Lenke, CEO of Checkly said: “Today, only a fraction of engineers have access to observability and monitoring tools, many of which don’t give modern development teams the insight, speed, scale or accuracy they need. At Checkly, we bring monitoring to where Engineering teams live and work – inside their code repositories. Monitoring as Code is the best way for teams to own and automate their monitoring. With our funding news, and the announcement that we’re uniting synthetics with Checkly Traces, we’re thrilled to be able to continue empowering engineers to detect and resolve issues faster and easier than ever before.”

Colin Hanna, Partner at Balderton Capital said: “Checkly approaches monitoring and observability with a fresh perspective. Monitoring as Code means empowering developers to own the reliability of their services, APIs, and applications. This shrinks both time to resolution and the cost of observability. Some of the world’s most sophisticated software companies, like Vercel and commercetools, appreciate the significance of this shift and are valuable customers. All of us at Balderton are deeply impressed with what Hannes and the team have already achieved and are grateful to be on the journey together.”

“Using Checkly levels up your team to the point where it starts to feel like an unfair advantage,” said James Hall, Founder at Parallax. “We’ve had end-to-end monitors written on many projects, and the risk is they start to die and become unmaintainable. Part of that is because of difficulties unpicking what’s actually happening under the hood. Checkly Traces changes all that, making observability seamless and effective. It provides us with the necessary insights to pinpoint issues and optimize our caching strategy. The straightforward onboarding and automated trace correlation have made our troubleshooting process much faster and more efficient.”

Notes for editors:

CEO Hannes Lenke was the co-founder and CEO of TestObject, later acquired by Sauce Labs. Timo Euteneuer, CCO, was the former CRO at TestObject and Enterprise Sales Lead at Sauce Labs Europe. Tim Nolet previously co-founded Vamp.io and served as Head of IT at Unu.

About Checkly

Checkly is a leading provider of Monitoring as Code solutions, empowering DevOps teams to automate their monitoring configuration and support high-velocity changes. Checkly’s solutions, including the CLI, are trusted by engineering teams worldwide, enabling them to collaborate, share, optimize, and increase velocity of monitoring configurations. For more information, please visit https://checklyhq.com and follow @ChecklyHQ on Twitter.

About Balderton

Balderton Capital is a multistage venture firm with more than two decades of experience supporting Europe’s best founders from Seed to IPO. We have both early and growth funds and invest across the technology sector, with a proven track record backing fintech, B2B SaaS, digital health, mobility, gaming and marketplace companies. Previous investments include Darktrace (LON: DARK), Depop, Flywire (NASDAQ: FLYW), Kobalt, MySQL, Nutmeg, Peakon.

Media Contact

Cinthia Portugal, Checkly, 1 2066198183, cinthia@checklyhq.com, https://www.checklyhq.com/

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The Next Generation of Agent Assist is Here with Balto

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ST. LOUIS, Sept. 1, 2026 /PRNewswire/ — Balto, the leading AI platform for contact centers and the company that invented the category of agent assist called real-time guidance in 2017, today officially unveiled RTG3 – the tool is being regarded as the future of agent assist – not for its first of its kind features, but also because it’s an agent assist that consistently delivers measurable ROI.

Introducing RTG3

RTG3 delivers what Balto describes as ambient agentic intelligence for the frontline contact center agents – an experience the contact center space has never seen before, and one that is being heralded as the future of agent assist.

The idea was born from a simple but powerful feeling: Making the agent app the central command center for the frontline by providing instant answers to information that’s impossible to memorize, the ability to search for information right on the app, and turning it into a personalized workspace, rather than just another screen/app on their desktop.

RTG3 brings that experience to the frontline contact center agent for the first time, within the context of their work. Rather than a single nudge tucked on the side of the screen, RTG3 is agentic intelligence that works on the agent’s behalf, automatically launching AI agents that gather the answers, customer context, and hard-to-find information a live conversation calls for, exactly when it’s needed. The result is a frontline agent with AI at their fingertips and the freedom to focus on the customer in front of them.

That power belongs to the agent. RTG3 is built for the frontline, designed to be made their own, personalized and arranged around how each person works best; not to monitor them, and not to replace them. It is Balto’s bet on humans and on what they are capable of when given the best possible tools. RTG3 is available today, free to existing Balto real-time guidance customers, through a fast and easy implementation.

Consistently delivers measurable ROI

Agent assist is the top investment priority for contact center leaders. According to industry-leading analysts in Customer Management Practice (CMP) Research, in the 2026–2027 year, 61% of leaders say they are going to invest in agent assist, making it the number one category, ahead of analytics and insights, chatbots and virtual agents, knowledge management, and automated QA.

Renowned for an excellent product suite, customer service and a platform that consistently delivers measurable ROI across multiple industries, Balto holds a 4.8-star rating across more than 600 reviews on G2 and Capterra, and has built RTG3 to meet that demand where the ROI actually lands: improved customer retention, agent to manager ratio, reduced agent turnover, accelerated ramp time, reducing handle time, better CSAT scores, and higher conversion rates.

“If you know there’s golden data, why are you waiting for somebody to go into your product, go to the interface and ask the question? Provide them with the data that you know is good,” says Balto CEO Marc Bernstein. That principle of putting that intelligence directly in front of the agent, rather than waiting for someone to ask, is at the heart of RTG3.

How RTG3 Works

RTG3 works today in the format contact center teams already know: the app is nestled in over the side of the screen and integrates with the CCaaS and UCaaS to start and stop automatically as calls come in and go out. For the first time, Balto is also introducing an intelligent agent desktop powered by ambient agentic intelligence for the frontline contact center agent.

Customer History before the call: The second a call comes through, Balto automatically populates the history of that customer by working through previous Balto conversations and transcripts. Agents immediately see why the customer is calling and their most recent call history. Customer History carries a 93% thumbs-up rating from agents.AI agents working in the background: When a customer mentions a city, Balto pulls local weather and sports. When a competitor comes up, it pulls that competitor’s reviews and surfaces the common complaints. In healthcare, when a provider is mentioned, Balto returns the provider’s name, specialty, practice address, and a link to their listing. All of it happens in the background while the agent keeps talking.Answers to questions impossible to memorize: Agents can ask Balto anything, including questions no one could reasonably memorize, such as pricing a plan for several hundred seats with the right discounts applied. Balto searches knowledge resources in Balto Cloud and can search a customer’s SharePoint. Every answer cites its source and deep links to the exact article, page, and section it came from.Real-time checklists are built as levers: The best AI checklists are not a full script; they are a few levers that let agents hit the metrics that matter: compliance requirements like verification, deeper discovery, and an assumptive ask or close. Agents can set completed items to auto-disappear, or keep them visible.A home base for the agent: Agents no longer have to navigate an obstacle course of tabs, CRMs, and Slack channels just to answer one customer question. RTG3 consolidates everything agents need–compliance, knowledge, workflows, and supervisor support–into one customizable workspace.Make it your own: RTG3 brings everything agents need into one place, and lets them make it their own. Agents can customize their layouts, pin what they use most, and personalize the look and feel of their workspace. Every agent can create a workspace that fits the way they work. If it works the way agents have longed for and they can personalize it, agents will use it.

Available and ready to use now

RTG3 is available now and free to existing Balto agent assist customers, with an implementation Balto describes as fast and low lift. Balto’s team stays involved through implementation and beyond, helping teams prepare documents so AI can read them accurately and connecting knowledge databases so agents can query the full knowledge base from inside Balto.

Customers are already seeing incredible results with a Health Insurance brokerage call discovery rose from below 20% to roughly 51%, with an approximate 10% increase in sales as RTG3 usage grew and a Home Improvement company’s new hire ramp to estimate certification dropped from about 90 days to 30.

Learn more about Balto Agent Assist.

About Balto

Balto is the #1 rated agent assist, QA automation, and agentic insights platform for contact centers, wrapped into a single platform where humans and AI work together. Founded in 2017, Balto was the first company to bring agent assist to market and has since deployed it across more than 300 customers and 500 million interactions. Balto is backed by Telescope Partners and Vista Equity Partners. Learn more at balto.ai

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SOURCE Balto Software, Inc.

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S&P Dow Jones Indices and Kaiko Introduce S&P Kaiko Digital Asset Indices

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New co-branded suite brings both companies’ crypto index offerings onto a single platform

NEW YORK, Sept. 1, 2026 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider and Kaiko, the global independent leader in digital asset market data, indices, and data infrastructure, today announced the combined digital asset index offerings under a single co-branded suite: S&P Kaiko Digital Asset Indices.

With this release, Kaiko’s digital asset reference rates and multi-asset indices, together with S&P DJI’s existing crypto indices, will be rebranded under the S&P Kaiko name. The suite is powered by Kaiko’s crypto-native data infrastructure and market expertise, with S&P DJI providing global licensing, distribution and benchmark administration.

With institutional participation in digital assets growing, asset managers, ETF issuers, exchanges and structured product providers increasingly require benchmarks that combine robust data, transparent methodologies, trusted governance and global distribution. The S&P Kaiko Digital Asset Indices are designed to meet that demand by pairing S&P DJI’s institutional benchmark expertise with Kaiko’s 24/7 digital asset data platform and exchange connectivity.

“Together, S&P DJI and Kaiko are raising the standard for digital asset benchmarks. As the asset class matures, institutional investors need indices defined by transparency, rigor and market relevance. This suite combines the trusted S&P brand with Kaiko’s crypto-native data infrastructure and market expertise, purpose-built for global, 24/7 digital asset markets,” said Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices.

The S&P Kaiko Digital Asset Indices suite will operate on a single platform built on Kaiko’s technology stack, with S&P DJI’s benchmark administration, licensing and distribution infrastructure integrated into its commercial operations. S&P DJI brings decades of index governance experience, global licensing capabilities and benchmark administrator status under the EU Benchmarks Regulation, aligned with the IOSCO Principles for Financial Benchmarks. Kaiko will provide data sourcing and calculation through its crypto market expertise, connectivity to 150+ exchanges and round-the-clock infrastructure, as well as index methodology support.

At launch, the S&P Kaiko suite covers over 4000 rates and indices across the digital asset class. Existing financial products benchmarked to Kaiko reference rates and multi-asset indices – including exchange-traded products, futures, options and structured products – will be able to leverage the new S&P Kaiko brand.

“S&P DJI and Kaiko bring what digital asset markets have been missing: a globally trusted benchmark brand paired with crypto-native infrastructure built for 24/7 markets. S&P Kaiko Digital Asset Indices gives institutions the credibility, distribution and data precision they need to participate in this asset class with confidence,” said Ambre Soubiran, CEO at Kaiko. 

To learn more about the S&P Kaiko Digital Asset Indices visit here.

For additional information about Kaiko’s data infrastructure, indices, and pricing solutions, visit kaiko.com. Kaiko Indices, S.A., as a legal entity, will retain its existing brand and BMR registration.

ABOUT S&P DOW JONES INDICES 

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spglobal.com/spdji.

ABOUT KAIKO

Kaiko provides regulated data services for onchain finance. Founded in 2014, the company delivers institutional-grade digital asset market data, analytics, indices, and data infrastructure for tokenized and traditional markets. Its clients include banks, asset managers, exchanges, and leading financial institutions worldwide. Kaiko’s data and infrastructure support trading, valuation, risk management, tokenized assets, and onchain applications, connecting traditional and blockchain-based markets. For more information, visit: kaiko.com.

FOR MORE INFORMATION: 

Silke McGuinness 
Global Head of Communications, S&P DJI
(+1) 415-205-8414
silke.mcguinness@spglobal.com

Victoria Calmon
Kaiko
Editorial & Communications Manager
press@kaiko.com

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SOURCE S&P Dow Jones Indices

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AirDNA Launches Adapt, the AI-Native Revenue Management System for Short-Term Rental Operators

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DENVER, Sept. 1, 2026 /PRNewswire/ — AirDNA, the leading provider of short-term rental (STR) data and analytics, today launched AirDNA Adapt, adding revenue management to its product stack for STR hosts and property managers. Built with AI at its core rather than layered onto a traditional rules-based pricing model, Adapt weighs each listing’s full competitive landscape using data from the 15 million listings AirDNA tracks, then sets nightly rates and minimum stays with a clear rationale for every rate.

Adapt was built in response to feedback from thousands of STR hosts surfacing a recurring industry challenge: operators often can’t tell whether their pricing is working or understand why a rate has changed. More than 14,000 listings were connected to Adapt during private and public betas, which kept operator feedback at the center of product development.

“Pricing a property shouldn’t require translating your strategy into dozens of rules and settings,” said Rohit Bezewada, CEO of AirDNA. “We built Adapt around a simpler approach: operators set the strategy, and Adapt handles the complexity underneath. We believe operators should always be able to understand what the system is doing and why, in plain language they can act on.”

Key features include:

Daily dynamic pricing: Nightly rates and minimum stays adjust as market and booking conditions change, with local event detection built inUnlimited comp-sets: Auto-built, editable comp sets with historical and forward-looking performance benchmarks, plus a daily comp calendar comparing rates, minimum stays, and availabilityFour pricing strategies: Operators set the goal, whether revenue, occupancy, a balance of the two, or steadier earnings from earlier bookings, and Adapt sets the underlying pricing rules to match, all adjustablePerformance dashboard: Tracks actual booked revenue, ADR, RevPAR, occupancy, and length of stay, benchmarked against the listing’s history and comp set, with up to two years of historical performanceAI assistant: Explains why any given rate was set, tests alternative scenarios, and applies pricing changes with operator approval

“Good pricing starts with understanding what a property is competing against, and most operators are working with a partial view of their market,” said Jamie Lane, AirDNA’s Chief Economist. “We’ve spent twelve years building the full picture, which Adapt now puts to work on every pricing decision.”

Adapt is available today at AirDNA.co/adapt and is free to connect, with integrations for Airbnb, Guesty, Hostaway, Hospitable, OwnerRez, and Uplisting, and more integrations coming in 2026.

Adapt Media Kit

About AirDNA

AirDNA is a global authority on short-term rental data and intelligence for hosts, property managers, investors, real estate professionals, and destinations worldwide, covering 15 million listings across Airbnb, Vrbo, and Booking.com in 120,000 markets globally. AirDNA provides the data, analytics, and tools to understand market and competitive performance, identify and underwrite investment opportunities, and optimize pricing and revenue, supporting smarter decisions in any market or economic climate.

airdna.co 

Media Contact

Chloé Garlaschi

Sr. Communications Manager, AirDNA

press@airdna.co

(720) 372-2318

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SOURCE AirDNA

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