Software startup Dash0 is in talks to raise funding at a $1 billion valuation — Bloomberg reports

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Investing.com – According to Bloomberg, citing sources familiar with the matter, the early-stage software startup Dash0, focused on system monitoring, is in talks to raise funding at a valuation of approximately $1 billion.

Sources say that UK venture capital firm Balderton Capital will lead this funding round. Due to the confidential nature of the information, these individuals requested anonymity. The sources added that the size of the funding and the final valuation have not yet been determined.

Dash0 helps companies monitor their system anomalies. The company is headquartered in New York and has operations in Germany. Entrepreneur Mirko Novakovic founded Dash0 in 2023.

This startup specializes in observability, a sector that has seen many new companies emerge as more enterprises migrate applications to the cloud and adopt AI tools.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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