Observe Raises $70M in Series A-2 Funding


Observe, a San Mateo, CA-based SaaS Observability company, raised $70M in Series A-2 funding.

The round, which brought total funding to date to $114.5M, was led by Sutter Hill Ventures, Capital One Ventures, and Madrona Ventures.

The funds will be used by the company to increase its growth, expand its operations and broaden its business reach.

Observe, headed by Jeremy Burton (CEO), is a SaaS-based observability service that transforms machine-generated information into a graph of related datasets that users can understand, such as Customers, Shopping Carts and Pods.

The company also announced new product capabilities enabling the exploration of “Data Universe Maps” – rich visualizations of all the datasets Observe manages and the relationships between them.

Observe has also created new context-sensitive dashboards. These provide users with a single window to view their overall system health, but let them drill down to the underlying data to get started on an investigation.

The company introduced several new pre-built “Apps” for Kubernetes, AWS & Jenkins, with GCP and Azure coming later this year and new dashboards within the product which give transparency into its usage-based, pricing model. Administrators can now view how many Observe credit were used each day by which users and the datasets and monitoring that are responsible.

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