Market Brief: Datadog Acquires Codiga, Continues to Shift Observability Left

Market Brief: Datadog Acquires Codiga, Continues to Shift Observability Left

On April 23, 2023, Datadog (NASDAQ: $DDOG) – a leading monitoring and security platform for cloud applications – announced the definitive acquisition of privately-held Codiga – a platform for static software code analysis.
Terms of the deal were not disclosed. With fewer than 10 employees, Codiga has raised just over $2m in seed investment since graduating from the 2019 faculty of renowned Boulder, CO accelerator, TechStars. Notable seed investors include Datadog CEO and Co-founder, Olivier Pomel.