Haystack Analytics attracts investment, powering tech teams globally and addresses developer burnout | News Direct

Haystack Analytics attracts investment, powering tech teams globally and addresses developer burnout Tech teams using Haystack are shipping code faster 70% faster. Monthly revenues growing 36% as more tech teams adopt Haystack platform - creating elite developer teams and tackling burnout.

News release by Stockwood Strategy

facebook icon linkedin icon twitter icon pinterest icon email icon San Francisco, US | June 07, 2021 11:00 AM Eastern Daylight Time

Engineering insights tool Haystack Analytics, backed by Y Combinator, today announced it has secured a US$1.2m funding round which included participation from Founders Club, Y Combinator, Soma Capital, Entrepreneur First and investors Dan Siroker and Blaine Vess.

Founded in 2020 by Julian Colina and Kan Yilmaz, Haystack helps build elite developer teams by providing engineering metrics and alerts proven to drive performance. Haystack improves developer productivity and software quality. Through their integration with GitHub, Haystack is able to provide live data insights that illustrate the entire delivery process from commit to deploy, being able to highlight bottlenecks like code review and team productivity. Using this feedback loop, Haystack users have increased production deployments by 58% and achieved 70% faster cycle times on average.

Haystack: see roadblocks, increase production and release faster
Haystack: see roadblocks, increase production and release faster

In less than 12 months since launch, Haystack is being used by more than 7,000 developers at tech teams in GoDaddy, Microsoft, The Economist, Indiegogo and Truebill among others as revenues have increased by an average of 36% month on month.

Julian Colina, CEO and co-founder of Haystack Analytics commented: “Tech teams and engineers around the world are key assets to any company and shipping software is the heartbeat and competitive advantage they seek. The efforts of developers are at the heart of processes, products and, effectively, the bottom line. Until now, it was difficult for CTOs and engineering managers to objectively know what their roadblocks are or have insights into resourcing levels. Haystack gives visibility by providing metrics and alerts to make sure nothing continues to be stuck. We are helping developers to ship faster and improve their satisfaction”.

Haystack CEO and co-founder: Julian Colina
Haystack CEO and co-founder: Julian Colina

Research1 has shown that elite performing engineering organisations are twice as likely to achieve their organisational goals and achieve a 50% higher growth rate over 3 years. It isn't just business objectives that do better, employees of elite performers are almost twice as likely to recommend their team as a great place to work.

“Companies with strong technology teams are outperforming those which don't. Technology teams which follow DevOps best practice are less likely to see developers being burnt out, whilst allowing new product ideas to be experimented faster and shipping business value more reliably” added Julian Colina.

Team Haystack: formed remotely in 2020 and making an impact
Team Haystack: formed remotely in 2020 and making an impact

The funding advances Haystack’s commitment to building intuitive one-click dashboards and alerts using GitHub data. Haystack plans to expand its offering to a greater range of data sources whilst providing an ever greater variety of user-friendly alerts and insights. As companies move to hybrid office/home working environments, Haystack provides insights that teams need to experiment with their workflows to prevent developer burnout whilst shipping faster.

“Our mission is to bring the competitive advantage data-driven engineering teams like Google have to everyone. We help teams track their delivery process and optimization opportunities instead of relying solely on gut feelings - resulting in 70% faster delivery on average. It’s been an incredible 12 months and we are well set to achieve much more in the next year” concluded Julian Colina.

Ends

1 DevOps Research and Assessment, State of DevOps report

About Haystack Analytics

Haystack was founded in 2020 by Julian Colin and Kan Yilmaz for tech teams to learn more about roadblocks to their work, improve productivity and importantly identify burnout issues with developers. Haystack helps build elite developer teams by providing engineering metrics and alerts proven to drive performance, improve developer productivity and software quality. Through their integration with GitHub, Haystack is able to provide live data insights that illustrate the entire delivery process from commit to deploy, being able to highlight bottlenecks like code review and team productivity. Using this feedback loop, Haystack users have increased production deployments by 58% and achieved 70% faster cycle times on average.

Contact Details

Haystack Analytics

Bilal Mahmood

+44 7714 007257

bilal@usehaystack.io

Company Website

https://www.usehaystack.io/

News Direct Logo
Get the latest from News Direct
Contact Us Pricing About us Features News Hub Terms of Use Privacy Policy
newsdirect.com © 2021 News Direct Corp. All rights reserved. News Direct is a registered trademark.