Nobl9, a Waltham, MA-based service level observability company, today announced that it raised $15.8 million from strategic investors ServiceNow and Cisco Investments and existing investors including Battery Ventures and CRV.
The funding will be used to continue building the best product, servicing customers, and educating the community about the power of SLOs.
“The market for SLOs is emerging quickly, and we ended the year quite strong as companies look for efficiencies and ways to do more with less. Our confidence in our ability to execute despite the current market conditions and being able to close our new funding round underscores the confidence that ServiceNow and Cisco see in us,” said Marcin Kurc, co-founder and CEO, of Nobl9. “The unique value we deliver is how we can help companies bridge between business objectives and technology goals. We are thrilled that both ServiceNow and Cisco Investments have chosen to invest in Nobl9.”
In addition to the new funding, Nobl9 recently announced the call for papers and dates for its annual conference, SLOconf, taking place May 15-18, 2023, and introduced the availability of Nobl9 Free Edition. Nobl9 Free Edition is a perpetual free tier of its award-winning Service Level Objective (SLO) Platform.
The hosted SaaS solution allows the creation of SLOs using metrics and observability data from 24+ popular tools, including Lightstep from ServiceNow, Cisco AppDynamics, Prometheus, Datadog, New Relic, Dynatrace, Google Cloud Monitoring, Amazon Cloud Watch, Amazon Managed Service for Prometheus, Splunk, and many more.
Company: Nobl9 Inc.
Raised: $15.8M
Round: Strategic Investment
Funding Month: February 2023
Lead Investors: ServiceNow and Cisco Investments
Additional Investors: Battery Ventures and CRV
Company Website: https://www.nobl9.com/
Software Category: Service Level Objective (SLO) Software
About the Company: Founded in 2019, Nobl9 is the first service-level observability platform that adds business context to software delivery. Nobl9 helps software developers, DevOps practitioners, and reliability engineers deliver reliable features faster through software-defined Service Level Objectives that link monitoring and other logging and tracing data to user happiness and business KPIs. Global enterprises in the financial services, e-commerce, and SaaS industries such as Flexera, Outsystems, Procore, Ticketmaster, and Trusted Shops choose Nobl9 to accelerate engineering, set clear software reliability goals, and ensure end-user happiness. Nobl9 enriches data from popular enterprise observability systems and fits into developer workflows using popular DevOps and collaboration tools. The company is headquartered in Waltham, MA, with offices in Santa Monica, CA, and Poland.
Source: https://www.businesswire.com/news/home/20230131005486/en/Nobl9-Secures-Strategic-Investment-from-ServiceNow-and-Cisco-Investments-to-Accelerate-Adoption-of-Service-Level-Observability