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Observe, Inc. raised $115 million in a Series B funding led by Sutter Hill Ventures with Snowflake Ventures as a new investor to accelerate growth and address the challenges of cloud-native computing and complex microservice-based architectures.

RECENTLY ACQUIREDMar 27, 2024

Amount Raised

$115 Million

Round Type

Series B

San MateoInformation TechnologySoftwareData And Analytics

Investors

MadronaCapital One VenturesSnowflake VenturesSutter Hill Ventures

Description

Observe, Inc. closed a Series B funding round of $115 million led by Sutter Hill Ventures with participation from existing investors Capital One Ventures and Madrona, and new investor Snowflake Ventures. The funding promises to further accelerate Observe's growth and address the challenges of cloud-native computing and complex microservice-based architectures.

Quick answer

Observe raised $115 Million in a Series B round, dated March 27, 2024. Investors: Madrona, Capital One Ventures, Snowflake Ventures and Sutter Hill Ventures. Observe is based in San Mateo, California, United States.

How much did Observe raise?
Observe raised $115 Million in a Series B round on March 27, 2024.
Who invested in Observe?
Madrona, Capital One Ventures, Snowflake Ventures and Sutter Hill Ventures are named as investors in this round.
What does Observe do?
Observe is the SaaS observability company that has long believed that almost all businesses are data-rich and information poor.
Where is Observe based and how big is it?
Observe is based in San Mateo, California, United States. Fundz records about 233 employees.
Who are the decision-makers at Observe?
Fundz holds 1 contact at Observe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at Observe, and when

A new round usually means Observe is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Observe raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Observe, from your own LinkedIn network

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Company Information

Company

Observe

Location

San Mateo, California, United States

About

Observe is the SaaS observability company that has long believed that almost all businesses are data-rich and information poor. Observe's vision is to turn the world's business data into information.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Observe raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Observe raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.