Israeli observability platform for contemporary architectures groundcover has at this time 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 overall quantity raised by firm to $60 million, which shall 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 stated, “Our platform affords 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 ‘carry 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 answer, redefining the structure of a contemporary observability platform by enabling prospects 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 complete atmosphere together with traces, application-level metrics, infrastructure efficiency and utility logs.
At the moment, groundcover has 60 staff, has grown over 500% in ARR since final 12 months, and is investing closely in huge partnerships together with AWS, GCP and others. Their trendy observability platform is utilized by a whole bunch of enterprises, starting from fast-growing know-how corporations 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 information from Datadog over to groundcover.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on April 10, 2025.
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