Israeli observability platform for contemporary architectures groundcover has at the moment 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 shall be used for aggressive growth within the US, the place it has seen success in changing legacy observability options resembling Datadog, New Relic, Grafana Cloud and others.
groundcover was based by CEO Shahar Azulay and CTO Yechezkel Rabinovich.
Azulay mentioned, “Our platform gives a lot better protection and worth than the legacy software monitoring options which were 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 ‘carry your personal cloud’ strategy to observability that permits 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 speed of the answer maximizes the safety and privateness wants of consumers, 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 surroundings together with traces, application-level metrics, infrastructure efficiency and software logs.
At this time, groundcover has 60 workers, has grown over 500% in ARR since final 12 months, and is investing closely in massive partnerships together with AWS, GCP and others. Their trendy observability platform is utilized by tons of 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, rapidly migrating screens, 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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