Rocana
CA-based provider of root cause analysis software company.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
N/A | Late VC | ||
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | (14 %) | 17 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Rocana emerged in 2014 as a specialized firm in IT operations analytics, founded by Omer Trajman, Eric Sammer, and Don Brown, who brought extensive experience from tech giants like Cloudera, Vertica, and Experian. Trajman, having led technology and customer solutions at Cloudera and big data initiatives at Vertica, co-founded Rocana to introduce a more intelligent approach to IT infrastructure monitoring. The company, initially named ScalingData, secured $19.4 million in funding over two rounds, with notable investors including Google Ventures, General Catalyst, and Toba Capital.
The firm's core offering was Rocana Ops, an IT operations analytics platform designed to provide total operational visibility by capturing and analyzing vast amounts of machine data from all sources within an organization. The platform was built to leverage the Hadoop ecosystem, combining event data warehouse capabilities with machine learning to identify emerging issues, detect anomalies, and minimize security risks. A key feature of Rocana Ops was its ability to retain all data online for instant and future access, enabling technologists to perform root-cause analysis on historical data to better understand their IT environments. The business model included offering a free tier, Rocana One, which provided users with 1 TB of daily data volume to encourage adoption.
Rocana targeted technology leaders and IT operations teams in large enterprises, empowering them to manage complex, modern infrastructures and lead digital transformation efforts. In October 2017, after a period of direct competition, Splunk Inc. acquired Rocana's technology, intellectual property, and several members of its technical team for an undisclosed sum. The acquisition was aimed at enhancing Splunk's machine data platform and machine learning capabilities, integrating Rocana's expertise in large-scale data systems and open-source technologies.
Keywords: IT operations analytics, operational visibility, machine data platform, big data analytics, anomaly detection, root cause analysis, event data warehouse, Hadoop ecosystem, IT infrastructure monitoring, log management, security analytics, machine learning, digital transformation, Cloudera, Vertica, Omer Trajman, Eric Sammer, Splunk acquisition, Rocana Ops