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groundcover acquires Wand for infrastructure growth

PRIVATESep 24, 2026

Acquiring Company

groundcover

Acquired Company

Wand

Tel AvivSoftwareCloud Infrastructure

Description

groundcover has acquired Wand, a Kubernetes resource optimization platform. This marks groundcover's first acquisition, aimed at transitioning from providing contextual understanding to enabling software to act safely on that context. The Wand team will be integrated into groundcover following the acquisition.

Company Information

Company

groundcover

Location

Tel Aviv, Tel Aviv District, Israel

About

groundcover is a K8s application monitoring solution that reinvents the domain with eBPF. Built for modern production environments, it covers everything yet stores only what matters, allowing teams to scale away without worries. Founded in 2021 by Shahar Azulay (previously ML Manager, Apple) and Yechezkel Rabonivich (previously Chief Architect, CyberMDX). The two served together in an elite cyber unit in the Israeli Prime Minister's office where they dealt with frustration caused by APM issues. The company has raised $24.5M to date from VCs such as Zeev Ventures, Angular Ventures, Heavybit and Jibe Ventures. Contact:Mira Marcus PR for groundcover: +1-713-305-6961 mira@groundcover.com SOURCE groundcover

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Frequently asked

Who acquired Wand?

Wand was acquired by groundcover, based in Tel Aviv. The deal was reported on September 24, 2026. groundcover is a K8s application monitoring solution that reinvents the domain with eBPF. groundcover is privately held and operates in Software.

When did groundcover acquire Wand?

groundcover's acquisition of Wand was reported on September 24, 2026. groundcover has acquired Wand, a Kubernetes resource optimization platform. This marks groundcover's first acquisition, aimed at transitioning from providing contextual understanding to enabling software to act safely on that context. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wand do?

Wand is a Kubernetes resource optimization platform that helps in managing resources efficiently within Kubernetes environments. They provide solutions that enable better performance and usage of cloud resources. It is privately held, operating in Cloud Infrastructure.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.