
Observe is a modern observability platform built on a streaming data lake, designed for faster search and correlation at a lower cost. It leverages AI-powered observability, using natural language processing and AI agents to help correlate signals, surface root cause hypotheses, and improve troubleshooting speed. The platform structures logs, metrics, and traces using semantic relationships, incremental views, and token indexes. Observe offers significant cost savings, up to 70% reduction, by storing telemetry in open formats with high compression on low-cost cloud storage. Key product areas include Log Management, Application Performance Monitoring, Infrastructure Monitoring, and LLM Observability. The company was founded in 2017 by individuals with experience from Snowflake, Splunk, and Wavefront, and aims to be the market leader in observability.

Observe is a modern observability platform built on a streaming data lake, designed for faster search and correlation at a lower cost. It leverages AI-powered observability, using natural language processing and AI agents to help correlate signals, surface root cause hypotheses, and improve troubleshooting speed. The platform structures logs, metrics, and traces using semantic relationships, incremental views, and token indexes. Observe offers significant cost savings, up to 70% reduction, by storing telemetry in open formats with high compression on low-cost cloud storage. Key product areas include Log Management, Application Performance Monitoring, Infrastructure Monitoring, and LLM Observability. The company was founded in 2017 by individuals with experience from Snowflake, Splunk, and Wavefront, and aims to be the market leader in observability.
Headquarters: San Mateo, California
Founded: 2017
Product: AI-powered observability platform (logs, metrics, traces) built on a data lake and context graph
Recent funding: $463M total disclosed; notable Series B/C and convertible debt rounds
Tech focus: Streaming data lake, O11y Context Graph, AI/ML for root-cause and correlation
Observability and application/infrastructure monitoring for large-scale, enterprise telemetry
2017
SaaS / Observability
$50,000,000
Convertible debt financing
$115,000,000
Participation from Snowflake Ventures, Madrona, Capital One Ventures
$145,000,000
Company announced closing of Series B funding and Project Voyager
$156,000,000
Series C with participation from Snowflake and Madrona
“Backed by institutional investors including Sutter Hill Ventures, Snowflake Ventures, Madrona Venture Group, and Capital One Ventures”