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groundcover Raises $35Million Series B to Aggressively Expand in the US Market and Unseat Legacy Observability Solutions

groundcover Raises $35Million Series B to Aggressively Expand in the US Market and Unseat Legacy Observability Solutions

April 17, 2025 Craig Etkin

SAN FRANCISCO, April 10, 2025 /PRNewswire/ — groundcover, the eBPF-driven observability platform for modern architectures, announces today that it raised $35 Million in Series B funding led by Zeev Ventures with follow-up participation from Angular Ventures, Heavybit, and Jibe Ventures. This brings the company’s total funding to $60 Million USD, which will be used to aggressively expand in the USA, where it has seen success replacing legacy observability solutions such as Datadog, New Relic, Grafana Cloud and others.

“Our platform offers much better coverage and value than the legacy application monitoring solutions that have been around for over a decade,” said Shahar Azulay, CEO and Co-Founder of groundcover. “We are the only solution built with eBPF at the forefront from day one, and we are now pioneering the ‘bring your own cloud’ approach to observability that enables organizations to keep their data on premise while maintaining all of the benefits of the SaaS experience.”

groundcover is the world’s first “Bring Your Own Cloud” (BYOC) observability solution, redefining the architecture of a modern observability platform by enabling customers to host their observability data on-prem, while still being fully managed by groundcover.  This one of a kind approach is the X-factor behind groundcover’s velocity, maximizing the security and privacy needs of customers, while unlocking coverage tradeoffs with unlimited data, and providing a full observability suite with a simple, predictable pricing model. groundcover also utilizes eBPF to collect observability data straight from the Linux kernel, providing engineers with super-granular visibility into their entire environment including traces, application-level metrics, infrastructure performance and application logs.

“groundcover is fundamentally reshaping the observability landscape. With its eBPF-driven platform and ‘Bring Your Own Cloud’ approach, it’s setting a new standard for depth of observability, cost efficiency, and security,” said Oren Zev, Founder of Zeev Ventures. “As the industry continues to shift to richer experiences, such as AI, around observability data, groundcover with its unique and modern architecture is positioned to outpace legacy solutions and dominate the space.”

Today, groundcover has 60 employees, has grown over 500% in ARR since last year, and is investing heavily in big partnerships including AWS, GCP and others. Their modern observability platform is used by hundreds of enterprises, ranging from fast-growing technology companies to the Fortune 100.

Dozens of these customers have successfully 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 unwanted legacy stickiness, quickly migrating monitors, dashboards, and data from Datadog over to groundcover.

“With Datadog, we were paying for both infrastructure and observability, effectively doubling costs,” said Alex Nauda, CTO of Nobl9. “With groundcover, we host it ourselves and define our own retention policies – no more expensive SaaS markups, unexpected overages, or forced data deletions due to cost limits.”

About groundcover

groundcover is a cloud-native application monitoring solution that reinvents the domain with eBPF. Built for modern production environments, it enables teams to instantly monitor everything they build and run in the cloud without compromising on cost, granularity, or scale.

Photo: https://mma.prnewswire.com/media/2657941/groundcover_UI.jpg

SOURCE groundcover

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, groundcover, PRNewswire, San Francisco, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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