Datadog, a publicly owned company founded in 2010 and headquartered in the US, provides enterprise cloud monitoring and measurement services. As of 2024, the company employs approximately 5,940 people and reported annual revenues exceeding $1 billion. Its primary offering centers on data workflow monitoring and analysis for businesses.
Datadog's share price declined 13% last week, mirroring broader market downturns in the S&P 500 (9%) and Nasdaq (10%). This market turmoil stemmed from concerns about a global trade war following new tariffs. Separately, Datadog partnered with Chainguard to improve container security and observability. The company also announced its DASH! event in NYC, scheduled for June 10-11. A solution brief on cloud migration and modernization using Datadog's unified observability solution was also published.
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