Startup profile for Optimyze: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
Venture Capital Tracker logo
Venture Capital Tracker

Startup profile · funding coverage

Optimyze funding, valuation and investors

Continuous cloud profiling (Prodfiler) acquired by Elastic in 2021 to cut production waste.

Keep track of Optimyze

Save this profile to your VCT watchlist for a quick return.

View watchlist

Funding, valuation & investors

Answer-first snapshot

Latest funding

Seed

$3M · February 2020

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$3M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

acquired

acquired · Zurich, Switzerland

Investors in latest funding

Lead: Andreessen Horowitz

Sources: latest funding Last verified: 2026-07-25

Overview

Optimyze, founded in Zurich by former Google Project Zero researchers, built Prodfiler — continuous profiling software that shows which code paths consume CPU and memory in production cloud workloads. The goal was to help engineering teams find performance bottlenecks and reduce cloud spend without manual sampling. Andreessen Horowitz led a $3M seed in February 2020, its first European seed investment. Elastic N.V. acquired Optimyze in November 2021 for approximately $20M, integrating Prodfiler into the Elastic Observability portfolio alongside APM and logging.

Why Optimyze is interesting

Swiss ex-Project Zero founders brought always-on production profiling to observability — Elastic bought the team to compete with Datadog and Grafana on cost-optimization use cases.

Product & use cases

Prodfiler attaches to running services and collects low-overhead CPU and memory profiles continuously, surfacing hot functions and allocation paths so teams can optimize code or right-size infrastructure.

  • Identifying CPU hotspots in microservices
  • Reducing cloud bills by fixing inefficient code paths
  • Continuous production profiling alongside APM traces

Key facts

  • Founded in Zurich by ex-Google Project Zero researchers
  • Seed (2020): $3M led by a16z — first European a16z seed
  • Acquired by Elastic Nov 2021 (~$20M per MarketScreener)
  • Prodfiler integrated into Elastic Observability

Funding history (newest first)

Seed

2020-02 $3M

Source: https://www.businessinsider.com/optimyze-funding-andreessen-horowitz-2020-2

Investors in our directory

Funds linked from Optimyze's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz

Competitive landscape

Edge: Optimyze focused on always-on, low-overhead profiling from security-grade systems researchers — differentiated from periodic manual profiling.

Optimyze competed with cloud-vendor profilers and APM-bundled tools. Elastic acquired it to deepen observability beyond logs and traces — a tuck-in rather than a standalone category winner.

  • Datadog Continuous Profiler direct

    Bundled in Datadog APM; broader platform but similar continuous profiling.

  • Google Cloud Profiler incumbent

    Free cloud-native profiler; less depth for multi-cloud heterogenous stacks.

  • Pyroscope direct

    Open-source continuous profiling; acquired by Grafana Labs.

Notable stories

  • a16z's first European seed bet backed security researchers applying production introspection to cloud cost optimization.

Industries

Developer Tools Infrastructure & Cloud

Related funding articles

Venture Capital Tracker pieces that cover Optimyze's financing or category context.

FAQs about Optimyze

Practical answers founders, operators, and investors typically search for.

Prodfiler — continuous production profiling to find CPU/memory waste in cloud apps.
Elastic N.V. in November 2021.
Andreessen Horowitz led the $3M seed. See /fund/andreessen-horowitz.
Integrated into Elastic Observability as a profiling product.
Both offer continuous profiling; Datadog bundles into a full APM suite; Optimyze was a focused profiling specialist pre-acquisition.
Zurich, Switzerland.
Approximately $20M per MarketScreener reporting; Elastic did not emphasize price in its announcement.
No — team and technology absorbed by Elastic.
All startups Funding news

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.