Operations | Monitoring | ITSM | DevOps | Cloud

CloudZero just closed at $32M Series B fundraising round in the weakest funding environment since the dawn of the pandemic. The round was led by Innovius Capital and Threshold Ventures, with continued support from existing investors Matrix Partners, Underscore VC, and G20 Ventures. CloudZero is a SaaS product, a data-dense platform delivered via the cloud, mostly to other SaaS companies and digital native businesses (DNBs).

Stackify by Netreo received top honors from SD Times for Performance Monitoring in the 2023 SD Times 100. Each year, SD Times editors recognize leaders in the industry across 10 different categories and designate companies with “Best in Show” honors. Retrace APM is a full lifecycle APM solution and the driving force behind the successful placement within the SD Times 100 each of the past 5 years!

GrafanaCON 2023 marks a huge milestone: It’s the official release of Grafana 10 and also the kick-off to celebrating a decade of dashboarding with Grafana. The GrafanaCON 2023 opening keynote, delivered by Grafana Labs co-founders Raj Dutt, Torkel Ödegaard, and Anthony Wood, streamed live on June 13 from Stockholm, Sweden, the birthplace of Grafana.

We are excited to share that the AIOps and Observability solution from Broadcom has earned a leader position for platform play and maturity in the GigaOm Radar Report for Cloud Observability, 2023. This report reviewed solutions from 20 vendors on 13 criteria, including across such areas as innovation, understanding of emerging trends, solution capabilities and features, and deployment models.

On behalf of ServiceNow Chairman and CEO Bill McDermott, and our executive leadership team, I’m honored to share that ServiceNow has been named to the prestigious Fortune 500® list for the first time in company history, joining an elite group of the largest companies in the United States. Since placement on this list is based on fiscal year revenues, ServiceNow’s inaugural appearance is evidence of our continued growth trajectory.

Cortex has raised $35m in Series B financing. New investor IVP led the round alongside Craft Ventures, with participation from existing investors Sequoia, Tiger Global, and YCombinator. Cack Wilhelm of IVP joined our board.

Amazon Security Lake is a new service from Amazon Web Services (AWS) that is designed to help organizations improve their security posture by automating the collection, normalization, and consolidation of security-related log and event data from integrated AWS services and third-party services (Source Partners). By centralizing all the security data in a single location, organizations can gain greater visibility and identify potential threats more quickly.

Cribl has been named to the 5th annual Enterprise Tech 30 (ET30) – a definitive list of the most promising, private enterprise tech companies. This is our first time on the ET30 list, ranking number four on the list of ten companies in the late stage category. The recognition highlights the value our innovative products deliver to our customers and partners as we work together to unlock the value of all observability data.

When we introduced Avantra Enterprise edition in 2021, we envisioned a world where we could interconnect enterprise observability, sophisticated workflows, and our advanced automation engine. By combining these three capabilities, we believed we could create a self-healing SAP environment which could identify problems and needs, route them to the right approver or expert, and automate problem resolution as well as complex project runbooks.

We are proud to announce that we have been named one of America’s Best Startup Employers 2023 by Forbes! The Forbes list of America’s Best Startup Employers 2023 was compiled by evaluating 2,600 companies with at least 50 employees in the United States. All of the companies considered were founded between 2013 and 2020, from the ground up, and were not spin-offs of existing businesses. Just like other Forbes lists, businesses cannot pay to be considered.