NASHVILLE, Tenn., April 10 –Growth equity firm Edison Partners today announced it has signed an agreement to sell its investment in Bindplane to Dynatrace, a leading AI-powered observability platform. Financial terms were not disclosed. Read Dynatrace’s announcement here.
Bindplane provides an open-standards-based telemetry pipeline that enables organizations to capture, process, and route logs, metrics, and traces at scale. As enterprises increasingly adopt cloud-native architectures and AI-driven development, Bindplane’s technology has become foundational in helping teams manage growing volumes of telemetry data. Its platform improves data quality, reduces ingest costs, and enhances compliance by governing sensitive data at the edge, while also enabling a seamless transition from legacy monitoring tools to modern observability frameworks.
“We are genuinely proud of Bindplane’s growth and the important role it has established within the modern observability ecosystem,” said Steve Zieja, principal at Edison Partners. “When our team first invested, we believed enterprises would need a unified control point across increasingly complex infrastructure environments. It took conviction, persistence, and real technical focus to get there, and Michael Kelly and his team delivered. Over the course of our partnership, Bindplane built a differentiated telemetry platform that is deeply embedded in enterprise environments and we believe it is well positioned for this next chapter with Dynatrace.”
Bindplane reflects Edison’s focus on critical enterprise software solutions that operate at essential control points within technology infrastructure.
The sale of Bindplane to Dynatrace is expected to close later this month, subject to customary closing conditions.
