Israeli observability platform for contemporary architectures groundcover has right this moment introduced the completion of a $35 million Sequence B financing spherical led by Zeev Ventures with the participation of earlier buyers Angular Ventures, Heavybit, and Jibe Ventures. This financing spherical brings the whole quantity raised by firm to $60 million, which will likely be used for aggressive enlargement within the US, the place it has seen success in changing legacy observability options equivalent to Datadog, New Relic, Grafana Cloud and others.
groundcover was based by CEO Shahar Azulay and CTO Yechezkel Rabinovich.
Azulay mentioned, “Our platform provides significantly better protection and worth than the legacy software monitoring options which have been round for over a decade. We’re the one answer constructed with eBPF on the forefront from day one, and we at the moment are pioneering the ‘convey your personal cloud’ method to observability that permits organizations to maintain their knowledge on premise whereas sustaining the entire advantages of the SaaS expertise.”
groundcover has developed a “Carry Your Personal Cloud” (BYOC) observability answer, redefining the structure of a contemporary observability platform by enabling prospects to host their observability knowledge 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 knowledge, and offering a full observability suite with a easy, predictable pricing mannequin. groundcover additionally makes use of eBPF to gather observability knowledge 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.
Right this moment, groundcover has 60 workers, has grown over 500% in ARR since final 12 months, and is investing closely in large partnerships together with AWS, GCP and others. Their fashionable observability platform is utilized by tons of of enterprises, starting from fast-growing expertise firms to the Fortune 100. Dozens of those prospects 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 knowledge from Datadog over to groundcover.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on April 10, 2025.
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