Observe

San Mateo, CA, United States Software / Cloud Infrastructure Acquired

Observe is an AI-powered observability platform that unifies logs, metrics, traces, and events in a single scalable data lake. Built on open standards (Apache Iceberg, OpenTelemetry), it helps enterprises detect anomalies, identify root causes, and resolve production issues at scale using agentic AI and context graph technology.

Acquired

Observe has been acquired

Acquired by Snowflake January 8, 2026 $1B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2017

Employees

229–234

Total Funding

$451M

4 rounds

Funding

Total raised $451M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series C

Date

July 30, 2025

Amount

$156M

Valuation

Lead Investors

Sutter Hill Ventures
DateRoundAmount RaisedValuationLead Investors
July 30, 2025 Series C $156M Sutter Hill Ventures
March 2024 Series B $115M Sutter Hill Ventures
2024 Series B-2 / Extension $145M Evolution Equity Partners

Leadership

  • Jeremy Burton

    CEO

    LinkedIn
  • Jacob Leverich

    Co-Founder, Chief Product Officer

  • Jonathan Trevor

    Co-Founder

  • Philipp Unterbrunner

    Founder, Chief Technology Officer

  • Rob Watson

    VP GTM

  • Eric Rehm

    Vice President Finance

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Datadog

    Monitoring service for IT, Dev and Ops teams with 47,431+ customers offering unified monitoring across apps, infrastructure and services

  • New Relic

    Cloud-based instrumentation platform serving 175,839+ organizations with comprehensive observability and free tier offering 100GB monthly data

  • Splunk

    Machine data platform for operational intelligence with strengths in log analytics and security use cases

  • Dynatrace

    Application monitoring and observability platform for cloud environments

  • LogicMonitor

    Cloud monitoring and observability platform for hybrid IT infrastructure

  • SigNoz

    Open-source observability platform alternative to commercial solutions

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Data collected with AI, which can make mistakes. Please double-check this information.