“We want to replace Datadog”: groundcover raises $100 million at $500 million valuation as AI reshapes observability

AI News July 30, 2026 11:31 PM

The Israeli startup says traditional monitoring platforms were not built for the explosion of data generated by cloud and AI systems. The Series C brings groundcover’s total funding to $160 million as it targets a market dominated by legacy giants.

“We want to replace Datadog”: groundcover raises $100 million at $500 million valuation as AI reshapes observability

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