The grid software runs on

Groundcover, an observability platform, has raised a $100 million Series C funding round led by One Peak, with participation from Morgan Stanley Expansion Capital and other investors, to advance its mission of building the world's first true observability platform for the AI era. The platform aims to provide AI-native companies with unsampled, high-fidelity telemetry data across infrastructure, applications, and AI workloads, using a bring-your-own-cloud (BYOC) architecture for privacy and control. Groundcover's approach addresses the limitations of legacy observability platforms, which often require data sampling and create gaps that hinder the performance of autonomous software agents. By offering full-fidelity telemetry and native OpenTelemetry support, Groundcover enables both engineers and AI agents to operate more effectively, reducing costs and improving data collection. The company has already attracted over 250 customers, including AI-native firms like TRM Labs and b.well, who have migrated from legacy tools to Groundcover's platform for better scalability and cost efficiency in managing their AI-driven operations.

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