Israeli observability platform for contemporary architectures groundcover has immediately introduced the completion of a $35 million Collection B financing spherical led by Zeev Ventures with the participation of earlier buyers Angular Ventures, Heavybit, and Jibe Ventures. This financing spherical brings the entire quantity raised by firm to $60 million, which will probably be used for aggressive enlargement within the US, the place it has seen success in changing legacy observability options akin to Datadog, New Relic, Grafana Cloud and others.
groundcover was based by CEO Shahar Azulay and CTO Yechezkel Rabinovich.
Azulay mentioned, “Our platform gives significantly better protection and worth than the legacy software monitoring options which have been round for over a decade. We’re the one resolution constructed with eBPF on the forefront from day one, and we at the moment are pioneering the ‘deliver your individual cloud’ strategy to observability that allows organizations to maintain their information on premise whereas sustaining the entire advantages of the SaaS expertise.”
groundcover has developed a “Convey Your Personal Cloud” (BYOC) observability resolution, redefining the structure of a contemporary observability platform by enabling clients to host their observability information on-prem, whereas nonetheless being totally managed by groundcover. The rate of the answer maximizes the safety and privateness wants of shoppers, whereas unlocking protection tradeoffs with limitless information, and offering a full observability suite with a easy, predictable pricing mannequin. groundcover additionally makes use of eBPF to gather observability information straight from the Linux kernel, offering engineers with super-granular visibility into their whole setting together with traces, application-level metrics, infrastructure efficiency and software logs.
At the moment, groundcover has 60 staff, has grown over 500% in ARR since final 12 months, and is investing closely in large partnerships together with AWS, GCP and others. Their trendy observability platform is utilized by a whole bunch of enterprises, starting from fast-growing expertise corporations to the Fortune 100. Dozens of those clients have efficiently migrated off of Datadog and onto the groundcover platform. groundcover’s new migration service powered by AI helps heal the pains of vendor lock-in and undesirable legacy stickiness, shortly migrating displays, dashboards, and information from Datadog over to groundcover.
Printed by Globes, Israel enterprise information – en.globes.co.il – on April 10, 2025.
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