Both companies offer application performance monitoring (APM), infrastructure monitoring, and other services to improve end-customer experiences. But the software companies have vastly different histories.
Datadog vs Dynatrace IPOs: Similarities and Differences
- Datadog essentially was born in the cloud and venture funded. The company has rapidly expanded its portfolio -- most recently adding network, user and serverless monitoring capabilities. Other enhancements address cost optimization features for log management along with tracing without limits. More details surfaced in this Datadog blog.
- Dynatrace, in stark contrast, has roots that extend back to the client-server software era. Private equity firm Thoma Bravo acquired Dynatrace in 2014 as part of a larger deal involving Compuware.
While Dynatrace typically targets large customers and works with large MSPs, Datadog often works with customers and service providers of all sizes.
Datadog vs Dynatrace IPOs: Potential Valuations
- Datadog had a valuation of $640 million in 2015, but the company's valuation could reach "several billion dollars" in an IPO, Reuters says.
- Dynatrace by contrast, is seeking to raise $427 million at a market valuation of about $3.5 billion, Nasdaq.com says.
Stay tuned to ChannelE2E for more potential details about the Datadog and Dynatrace IPO strategies, respectively.