OverOps, a startup that wants to help companies find software bugs more efficiently than by pouring over log files, announced a $30 million Series C round led by Lightspeed Ventures with participation from Menlo Ventures. Both are existing investors.

In a nutshell, OverOps delivers a cloud or on-prem solution that helps developers and operations teams nail down bugs in a more automated fashion, according to company co-founder and CEO Tal Weis.

“Everyone is trying to release software more quickly and be more agile, be more efficient. The challenge to digital transformation is that the faster you go, the faster things break. The second any code breaks in staging or production, [our solution is] able to pinpoint the right developer and provide what they need to resolve that issue,” he explained.

Instead of parsing text and indexing application logs, Weis says his company can dynamically index actual code in staging or production and analyze it down to a microscopic machine code level. He says there is a lot of machine learning to achieve this level of understanding going on in the background, but essentially it gives them…