Groundcover Raises $35 Million Series B

<p><span class&equals;"legendSpanClass"><span class&equals;"xn-location"><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; G<&sol;span><&sol;span><a href&equals;"https&colon;&sol;&sol;www&period;groundcover&period;com&sol;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">roundcover<&sol;a>&comma; an eBPF-driven observability platform for modern architectures&comma; has raised <span class&equals;"xn-money">&dollar;35 Million<&sol;span> in Series B funding led by Zeev Ventures with follow-up participation from Angular Ventures&comma; Heavybit&comma; and Jibe Ventures&period; This brings the company&&num;8217&semi;s total funding to <span class&equals;"xn-money">&dollar;60 Million USD<&sol;span>&comma; which will be used to aggressively expand in the <span class&equals;"xn-location">USA<&sol;span>&comma; where it has seen success replacing legacy observability solutions such as Datadog&comma; New Relic&comma; Grafana Cloud and others&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our platform offers much better coverage and value than the legacy application monitoring solutions that have been around for over a decade&comma;&&num;8221&semi; said <span class&equals;"xn-person">Shahar Azulay<&sol;span>&comma; CEO and Co-Founder of groundcover&period; &&num;8220&semi;We are the only solution built with eBPF at the forefront from day one&comma; and we are now pioneering the &&num;8216&semi;bring your own cloud&&num;8217&semi; approach to observability that enables organizations to keep their data on premise while maintaining all of the benefits of the SaaS experience&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Groundcover is the world&&num;8217&semi;s first &&num;8220&semi;Bring Your Own Cloud&&num;8221&semi; &lpar;BYOC&rpar; observability solution&comma; redefining the architecture of a modern observability platform by enabling customers to host their observability data on-prem&comma; while still being fully managed by groundcover&period;  This one of a kind approach is the X-factor behind groundcover&&num;8217&semi;s velocity&comma; maximizing the security and privacy needs of customers&comma; while unlocking coverage tradeoffs with unlimited data&comma; and providing a full observability suite with a simple&comma; predictable pricing model&period; groundcover also utilizes eBPF to collect observability data straight from the Linux kernel&comma; providing engineers with super-granular visibility into their entire environment including traces&comma; application-level metrics&comma; infrastructure performance and application logs&period;<&sol;p>&NewLine;<p>&&num;8220&semi;groundcover is fundamentally reshaping the observability landscape&period; With its eBPF-driven platform and &&num;8216&semi;Bring Your Own Cloud&&num;8217&semi; approach&comma; it&&num;8217&semi;s setting a new standard for depth of observability&comma; cost efficiency&comma; and security&comma;&&num;8221&semi; said <span class&equals;"xn-person">Oren Zev<&sol;span>&comma; Founder of Zeev Ventures&period; &&num;8220&semi;As the industry continues to shift to richer experiences&comma; such as AI&comma; around observability data&comma; groundcover with its unique and modern architecture is positioned to outpace legacy solutions and dominate the space&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Today&comma; groundcover has 60 employees&comma; has grown over 500&percnt; in ARR since last year&comma; and is investing heavily in big partnerships including AWS&comma; GCP and others&period; Their modern observability platform is used by hundreds of enterprises&comma; ranging from fast-growing technology companies to the Fortune 100&period;<&sol;p>&NewLine;<p>Dozens of these customers have successfully migrated off of Datadog and onto the groundcover platform&period; groundcover&&num;8217&semi;s new migration service powered by AI helps heal the pains of vendor lock-in and unwanted legacy stickiness&comma; quickly migrating monitors&comma; dashboards&comma; and data from Datadog over to groundcover&period;<&sol;p>&NewLine;<p>&&num;8220&semi;With Datadog&comma; we were paying for both infrastructure and observability&comma; effectively doubling costs&comma;&&num;8221&semi; said <span class&equals;"xn-person">Alex Nauda<&sol;span>&comma; CTO of Nobl9&period; &&num;8220&semi;With groundcover&comma; we host it ourselves and define our own retention policies – no more expensive SaaS markups&comma; unexpected overages&comma; or forced data deletions due to cost limits&period;&&num;8221&semi;<&sol;p>&NewLine;