INSUBCONTINENT EXCLUSIVE:
Nearly everything about Netdata, makers of an open-source monitoring tool, defies standard thinking about startups
Consider that the founder is a polished, experienced 50-year-old executive who started his company several years ago when he became
frustrated by what he was seeing in the monitoring tools space
Like any good founder, he decided to build his own, and today the company announced a $17 million Series A led by Bain Capital.Marathon
Ventures also participated in the round
was working as an executive for a company in Greece in 2014 when he decided he had had enough of the monitoring tools he was seeing
tends to be, and he took two years to create his monitoring tool
As he tells it, he released it to open source in 2016 and it just took off
Even today, he says that it gets a half million downloads every single day, and hundreds of people are contributing to the open-source
version of the product, relieving him of the burden of supporting the product himself.Panos Papadopoulos, who led the investment at
Marathon, says Tsaousis is not your typical early-stage startup founder
He is 50 years old, and he was a C-level executive
he said.What he created was an open-source monitoring tool, one that he says simplifies monitoring significantly, and also provides a lot
more insights, offering hundreds of metrics as soon as you install it
data, just provides insights on it wherever it lives.Live dashboard on the Netdata websiteToday, the company has 24 employees and Tsaousis
has set up shop in San Francisco
different from most monitoring tools, charging by the seat instead of by the amount of infrastructure you are monitoring.Tsaousis wants no
less than to lead the monitoring space eventually, and believes that the free tiers will lead the way
in a massive way is essential
Otherwise, it will not work
So my aim is to lead monitoring
