groundcover raises $100 million Series C led by One Peak, with Morgan Stanley Expansion Capital participating

• groundcover raised a USD 100 million Series C led by One Peak, with participation from Morgan Stanley Expansion Capital.
• The San Francisco-based company sells a bring-your-own-cloud, eBPF and OpenTelemetry-native observability platform aimed at AI-era workloads.
• Total funding reached USD 160 million; groundcover cited a tripling of annual recurring revenue over the past year.
• Proceeds will fund go-to-market expansion in North America, international growth, partner scaling, and product development for AI-focused observability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morgan Stanley Expansion Capital LP published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.