groundcover has closed a $100.0M Series C round, marking a significant bet on the company’s approach to cloud-native observability. The startup offers a BYOC (Bring Your Own Cloud) model that lets customers keep telemetry data within their own infrastructure, promising full-stack visibility from applications to LLMs without code changes or sampling.
Groundcover Raises $100M Series C for BYOC Observability
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Jul 29, 2026groundcover raises $100M to build observability for the AI era groundcover , an observability startup that keeps customers’ monitoring data inside their own cloud, has raised $100 million in a Series C round.
The financing was led by the growth investor One Peak, with Morgan Stanley Expansion Capital and existing backers Zeev Ventures, Angular Ventures, Heavybit, and Jibe also taking part. The round brings the company’s total funding to $160 million. It follows a year in which groundcover says it tripled annual recurring revenue and doubled its headcount, the sort of trajectory that tends to precede a
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