Israeli observability platform for contemporary architectures groundcover has at present introduced the completion of a $35 million Sequence B financing spherical led by Zeev Ventures with the participation of earlier traders Angular Ventures, Heavybit, and Jibe Ventures. This financing spherical brings the entire 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 stated, “Our platform presents significantly better protection and worth than the legacy utility monitoring options which were round for over a decade. We’re the one answer constructed with eBPF on the forefront from day one, and we are actually pioneering the ‘deliver your personal cloud’ method to observability that allows organizations to maintain their information on premise whereas sustaining the entire advantages of the SaaS expertise.”
groundcover has developed a “Deliver Your Personal Cloud” (BYOC) observability answer, redefining the structure of a contemporary observability platform by enabling prospects to host their observability information on-prem, whereas nonetheless being absolutely managed by groundcover. The speed 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 total setting together with traces, application-level metrics, infrastructure efficiency and utility logs.
Immediately, groundcover has 60 staff, has grown over 500% in ARR since final yr, and is investing closely in massive 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 screens, dashboards, and information from Datadog over to groundcover.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on April 10, 2025.
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