April 28, 2025:
Lightrun Secures $70M for AI-Powered Software Fixes - AI-driven observability startup Lightrun has secured $70M in a Series B round led by Accel and Insight Partners, increasing its total funding to $110M. This investment will enhance its platform, which allows developers to address software issues in real-time with an AI-based debugging tool that identifies problems in production and offers code suggestions.
With the new funding, Lightrun plans to expand from monitoring to full-scale autonomous remediation. This move aims to boost reliability for Fortune 500 clients like Microsoft and AT&T. The company will also focus on its rapid growth and team expansion.