Dynatrace traces its roots to 2005 when it was founded in Linz, Austria, by Bernd Greifeneder. The company started with application performance monitoring (APM) — helping developers understand why their software was slow or breaking in production.
The Dynatrace platform uses an AI engine called Davis that automatically discovers and maps all applications, services, infrastructure, and dependencies in an environment. Unlike tools that require manual configuration of dashboards and alerts, Davis uses causal AI to detect anomalies, determine root causes, and provide precise answers about what went wrong and why.
Dynatrace’s OneAgent technology installs a single agent that automatically instruments everything it finds — applications, containers, microservices, cloud infrastructure, and network components. This full-stack, automatic approach contrasts with tools that require separate agents and manual configuration for each layer.
The platform covers application performance monitoring, infrastructure monitoring, digital experience monitoring (real user and synthetic), log analytics, security protection, and business analytics. Dynatrace also provides runtime application security (RASP) that detects vulnerabilities in running applications.
Compellent Technologies (later Thoma Bravo) took Dynatrace private in 2014 as part of a larger Compuware acquisition. Dynatrace was then spun out and went public again in 2019. Annual revenue reached approximately $1.4 billion in fiscal year 2024.
The company serves more than 3,700 customers, including a significant portion of the Fortune 500. Dynatrace competes with Datadog, Splunk (Cisco), and New Relic in the observability market.
Greifeneder serves as CTO while Rick McConnell is CEO. The company employs more than 5,000 people across offices in over 30 countries.
