A Tel Aviv-based company has developed technology that enables developers to monitor and diagnose software issues in real-time—without needing to shut down the system or deploy a new version.
Israeli startup Lightrun, which offers tools for real-time code monitoring and fixing, has raised $70 million in a Series B funding round. The round was led by Accel and Insight Partners, with support from Citi, Glilot Capital, GTM Capital, and Sorenson Capital. This brings the company’s total funding to $110 million.
Lightrun, founded in 2019 by CEO Ilan Peleg and CTO Leonid Blouvshtein, has 82 employees—62 based in its Tel Aviv development centre and the rest in its New York office.
The company has created technology that lets developers monitor and fix software issues while the system is still running without needing to shut it down or release a new version. Unlike traditional methods, Lightrun allows developers to add monitoring and testing tools directly to live software, helping them quickly find and fix problems. Aimed at development and infrastructure teams in large companies, the platform also uses AI to speed up fault detection and resolution.
Lightrun points out that while coding and testing have become more automated, finding and fixing bugs is still mostly done manually. The company aims to change that with its platform, which offers real-time, automated bug fixes. The new funding follows a year of strong growth, with revenue increasing over four times and the team size doubling. Lightrun’s clients include major companies like Microsoft, Salesforce, Citi, and AT&T.
Insight Partners managing director Teddie Wardi said: “We’ve supported Lightrun from the early days because of the team’s deep understanding of developer workflows and their vision for autonomous remediation. As production incidents become more frequent and costly, Lightrun is delivering what enterprises need now: a proactive, scalable solution that keeps systems reliable and teams focused.”
Read also – Curlec by Razorpay Names Payments Veteran Kevin Lee as Country Head for Malaysia
