Datadog buys Israeli API observability co Seekret

• Published date: 04 August 2022
• Publication title: Globes (Rishon LeZion, Israel)

Seekret manages the interface for external API software. It began as a cybersecurity company in the area of API but changed business direction and today engages in the management of interfaces. As far as is known, the company has not yet produced any major sales and revenue is believed to be less than $1 million

Gindi, Yefet and Pliskin founded Seekret less than two years ago after working together at cybersecurity company Axonius but wanting to manage their own startup. Estimates are that they have raised less than $10 million from Israel's Hetz Ventures and Germany's Target Global and private investors such as Ariel Maislos, who sold Anobit to Apple 10 years ago ,and Granulate CEO Asaf Ezra, who recently sold his company to Intel.

DataDog is a fast growing company in the field of cloud monitoring and observability, which held its IPO on Wall Street two years ago and has a market cap of $35.4 billion.

DataDog is exploiting the low prices in the Israeli tech market to acquire relatively...