Shaping the Future of Autonomous Application Remediation: Our Investment in Lightrun

Businesses are ever more focused on resilience and minimizing disruption from downtime. The stakes couldn't be higher: Global 2000 companies face an estimated $400B annually in downtime-related costs, underscoring the need for real-time remediation. Yet, despite heavy investments in traditional Application Performance Monitoring (APM) solutions, developers still spend up to 50% of their time on debugging and lack the means of resolving issues directly and effectively. 

With this challenge front of mind, Ilan Peleg and Leonid Blouvshtein founded Lightrun to redefine observability with a developer-first approach. By shifting from reactive observability to proactive, real-time remediation, Lightrun enables engineering teams to detect, diagnose, and resolve runtime issues in minutes rather than days. This shift doesn’t just save time; it also reduces downtime costs and APM spend, driving eight-figure savings at large organizations. Fortune 500 customers, including ADP, AT&T, Citi, ICE/NYSE, Inditex, Microsoft, Priceline, Salesforce, and SAP, have already made Lightrun’s patented AI-powered Autonomous Remediation Platform their go-to solution for fully automated code fixes, streamlining the remediation process from ticket to resolution. 

The exponential acceleration of AI-generated code further amplifies the need for solutions like Lightrun as it has made the software delivery cycle increasingly vulnerable, introducing new risks in the form of hallucinations or bugs. Traditional logs and static observability tools simply can't keep pace. Lightrun, however, does. The platform provides dynamic, real-time observability designed specifically for AI-driven development, ensuring that innovation doesn't come at the expense of reliability.

Today, we're thrilled to announce that we’re co-leading a $70M Series B in Lightrun. Given the breadth of observability and developer-first companies already in our portfolio, such as Checkly, Dash0, Graphite, Linear, Sentry, and Snyk – Lightrun was a natural fit for the Accel family. Having already gained significant traction and an impressive enterprise client list, we're excited to partner with Ilan, Leonid, and the Lightrun team as they spearhead the next wave of observability – moving beyond traditional monitoring to full-scale remediation. 

Congratulations team Lightrun, and welcome to the Accel family!

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