groundcover

Observability · AI Infrastructure · DevOps

Funding

groundcover raises $100M Series C led by One Peak for AI-era observability

Storing telemetry inside a customer's own cloud lets engineers dodge the sampling limits that squeeze rivals as AI workloads flood systems with data.

• groundcover raised $100 million in a Series C round led by growth investor One Peak, bringing its total funding to $160 million.
• The startup sells observability software that runs inside a customer's own cloud under a "bring your own cloud" model, keeping monitoring data private instead of shipping it to a vendor's servers.
• Its sensor uses eBPF, a Linux kernel technology, to capture full-fidelity infrastructure, application and AI-workload telemetry without code changes or sampling, paired with native OpenTelemetry support.
• groundcover says it tripled annual recurring revenue and doubled headcount over the past year, the trajectory that typically precedes a larger round.
• The capital funds Agent Mode, an agentic layer CEO Shahar Azulay says helps engineers and AI agents jointly troubleshoot production issues, extending the wedge groundcover has used against incumbents like Datadog.
• The raise signals growth investors betting that AI-driven telemetry growth, not just seat-based dashboards, is reshaping which observability architectures win enterprise budgets.