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Groundcover offers a unique observability solution that allows enterprises to keep data on-premise while enjoying SaaS simplicity. The company leverages eBPF technology for high-performance monitoring and has grown 500% in annual recurring revenue, serving Fortune 100 firms and tech startups. 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This move supports a more democratic approach to observability data, helping companies avoid vendor lock-in and collect data in a standardized way.","partners":["OpenTelemetry"],"customers":null,"investors":null,"confidence":9,"key_topics":["eBPF","OpenTelemetry","observability","integration","cloud-native"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"7YPsnISyufSwWnUTNB6yvDP8nNKx5cpX6TE39OmJXOrp5sdZtN2bL3","news_summary":"/PRNewswire/ -- groundcover, the cloud-native and eBPF-based observability platform for Kubernetes and modern architectures, today announces a deep integration...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"IJLrRhW0TeG87zFX3GV1MldJXtryvmGcXGJoADrqbcFfGL38T5QfbX","date":"Oct 15, 2024","link":"https://www.prnewswire.com/il/news-releases/groundcover-launches-on-gcp-marketplace-unlocking-new-possibilities-for-enhanced-cloud-performance-and-innovation-302276289.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"observability","company":"groundcover","layoffs":null,"summary":"groundcover has launched its observability platform on the Google Cloud Marketplace, allowing organizations using Google Kubernetes Engine (GKE) to easily install groundcover as a managed service. This integration simplifies the deployment process, ensuring secure and performant clusters while minimizing operational burdens. By leveraging eBPF technology, groundcover offers comprehensive application performance monitoring without disrupting existing application code. The partnership with Google Cloud provides GKE users with easy access to advanced observability tools, reinforcing groundcovers mission to revolutionize observability. This strategic move is expected to significantly reduce costs and resource overhead for users, offering a cost-efficient approach to observability.","partners":["Google Cloud"],"customers":null,"investors":null,"confidence":9,"key_topics":["eBPF technology","Google Cloud Marketplace","Kubernetes","observability","cloud-native"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"0d21v503zYIAIv0WcedI6FAVcZyu2QLLCYjovjDfI3zLlB7vFRWztz","news_summary":"/PRNewswire/ -- groundcover, a cloud-native solution that transforms observability through eBPF technology, is excited to announce the launch of its...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"oUH91oRicBkjHF0tFVH0VxaDPT0BJDKENHC7jf7BTjg8PzIvfbncgU","date":"Mar 1, 2024","link":"https://itbrief.co.uk/story/groundcover-launches-bespoke-observability-platform-incloud-for-enterprise-use","source":"itbrief.co.uk","visible":1,"analysis":{"tags":"Product Launch, Investment","company":"Groundcover","layoffs":"Not mentioned","summary":"Groundcover has launched inCloud, a bespoke backend observability platform for cloud-native environments. The platform, backed by technologies like ClickHouse and VictoriaMetrics, offers a fully managed, enterprise-grade observability storage and data privacy infrastructure. It keeps all observability data within the clients cloud infrastructure, providing them with total control over its retention. The platform aims to reduce network and storage costs and set a flat price for any volume of logs, metrics, or traces. Groundcover, founded by Shahar Azulay and Yechezkel Rabinovich, has raised $24.5 million to date from investors including Zeev Ventures, Angular Ventures, Heavybit, and Jibe Ventures.","partners":"Not mentioned","customers":"Not mentioned","investors":["Zeev Ventures","Angular Ventures","Heavybit","Jibe Ventures"],"confidence":9,"key_topics":["inCloud Launch","Cloud-native Environments","Data Privacy","Cost Reduction","Investment"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"24.5 million USD","structured_issues":["Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"avdVSc83YsiYL8feftAkmC3QMHYFIN3Omi11bccueQJphuYFk6XpiY","news_summary":"Groundcover launches bespoke observability platform inCloud for enterprise use","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"EAu5b1av2yNTxftQaGKCJ4MMBJMWm1QB2UNmqCiNxLA5wE2hAyAHnw","date":"Sep 14, 2022","link":"https://www.prnewswire.com/il/news-releases/groundcover-raises-24-5m-for-the-next-generation-of-apm-with-ebpf-301624117.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"cloud-native application monitoring","company":"groundcover","layoffs":null,"summary":"Start-up groundcover has raised $24.5 million in funding, with $4.5 million in seed funding and $20 million in a Series A round. 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