Periscope's Beykpour raises $40 million for Macroscope to track code

It's been a decade since Kayvon Beykpour sold Periscope to Twitter for a reported $100 million, allowing the social media site to jump into livestreaming.

Twitter shuttered Periscope in 2021, and the parent company, now called X and owned by Elon Musk , gravitated to a live events product called Spaces.

Meanwhile, Beykpour, who spent seven years at Twitter after the acquisition, is back with Macroscope. He said on Wednesday that he's raised $40 million from venture investors, including GV (formerly Google Ventures), Lightspeed Venture Partners and Thrive Capital.

While Periscope targeted a consumer audience, Macroscope is going squarely after businesses. Beykpour's idea is to help software developers easily spot issues in their code, and show managers what their engineers