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Observability startup Pantomath lands $14M to automate data pipelines

Cincinnati, Ohio-based Pantomath, a data observability and traceability platform, today announced it raised $14 million in a Series A round led by Sierra Ventures with participation from Bowery Capital and Epic Ventures. The new capital will be put toward expanding Pantomath's platform and workforce, according to founder and CEO Somesh Saxena, with a focus on hiring across the engineering, product, customer success, marketing and sales divisions. "Organizations continuously strive to...
United States Somesh Saxena Ge Aerospace Ohio Based Pantomath Sierra Ventures Bowery Capital
Source: yahoo.com

Observability platform Observe raises $50M in debt, launches gen AI features

The observability market is forecasted to reach $2 billion by 2026, climbing from $278 million in 2022, according to 650 Group. A 2022 survey from Enterprise Strategy Group found that advanced observability deployments can cut downtime costs by 90%, keeping costs down to $2.5 million annually versus $23.8 million for observability "beginners." Observe, which develops software-as-a-service observability tools for storing, managing and analyzing machine-generated data and logs, has rai...
Opal Co Image Credits Opal Co Pilot Observe Apps Jeremy Burton Enterprise Strategy Group
Source: yahoo.com

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