Rootly Raises $12M To Help Enterprise It Teams Resolve Incidents 80 Percent Faster

Rootly, which offers the first and only enterprise-grade incident management platform, announced today that it has raised a $12M Series A round of financing led by Renegade Partners with participation from Google Gradient Ventures (Google’s AI-focused venture fund) and XYZ Ventures. This brings Rootly’s total funding to date to $15.2M ($20M CAD). The company will use the funding to accelerate Rootly’s product roadmap, increase its global engineering presence, and invest in sales and marketing to meet steep market demand for its solution.