What is GroundWork?
GroundWork delivers Unified Monitoring for Real with an open platform designed for straightforward integrations and customizable visualizations. The company's technology aggregates data from cloud, virtualization, network, application, server, and storage environments, providing a comprehensive view of IT infrastructure. This unified approach enables organizations to gain deeper insights and manage their complex systems more effectively, positioning GroundWork as a key player in the IT operations management space.
How much funding has GroundWork raised?
GroundWork has raised a total of $29M across 4 funding rounds:
Series A
$3M
Series B
$8.5M
Series C
$12.5M
Series D
$5M
Series A (2004): $3M with participation from Canaan Partners
Series B (2005): $8.5M led by Mayfield and Canaan Partners
Series C (2007): $12.5M supported by Canaan Partners, Mayfield Fund, Icon Ventures, and Sapphire Ventures
Series D (2009): $5M featuring Canaan Partners, Sapphire Ventures, Icon Ventures, and Mayfield Fund
Key Investors in GroundWork
Canaan Partners
Canaan Partners is an early-stage venture capital firm that invests in technology and healthcare companies, backing founders from seed through growth stages. Their investment focus spans enterprise software, fintech, consumer, biopharma, and digital health.
Mayfield Fund
Mayfield is a venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders.
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies, based in Palo Alto, California.
What's next for GroundWork?
The substantial enterprise-level capital infusion indicates GroundWork is poised for significant expansion and further development of its unified monitoring platform. This strategic investment will likely fuel advancements in its open platform capabilities, enhance its integration ecosystem, and broaden its market reach. The company's focus on customized visualizations and ease of integration suggests a continued commitment to user-centric design and operational efficiency, aiming to solidify its position as a leader in providing comprehensive IT infrastructure visibility.
See full GroundWork company page
