Nobl9 Raises New Funding
January 31, 2023
Share this

Nobl9 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, Nobl9. “The unique value we deliver is how we can help companies bridge between business objectives and technology goals.”

The funding highlights the growing demand for a robust market for Service Level Objectives (SLOs) and commitment from ServiceNow and Cisco to work with Nobl9 to help develop it. This comes on the heels of a successful fourth quarter for Nobl9. In fact, SLOs are being used to provide visibility into the use of new technologies. Business teams (executives, manufacturing, R&D, marketing, finance, etc.) are not only increasing their use of SLOs but using SLOs for more than pure IT operations.

“Observability is a highly strategic area for ServiceNow and our customers as they think about accelerating their digital business,” said Pablo Stern, SVP & GM of Technology Workflows at ServiceNow. “Our Lightstep observability business has been a close partner with Nobl9 for years...As we look to extend the value of observability and digital workflows throughout the enterprise, SLOs are a key enabler of the transition to cloud-native technology and practices.”

“Requirements for enterprises to create a scalable relationship between operations and software services while maintaining consistent customer experience and keeping costs at a reasonable level have continued to increase,” said Noah Yago, VP, Corporate Development and Investments, Cisco. “With growing expectations, enterprises are demanding innovative SLO solutions that will help them address these challenges and keep operations running smoothly.”

Share this

The Latest

March 23, 2023

APMdigest and leading IT research firm Enterprise Management Associates (EMA) are partnering to bring you the EMA-APMdigest Podcast, a new podcast focused on the latest technologies impacting IT Operations. In Episode 2 - Part 1 Pete Goldin, Editor and Publisher of APMdigest, discusses Network Observability with Shamus McGillicuddy, Vice President of Research, Network Infrastructure and Operations, at EMA ...

March 22, 2023

CIOs have stepped into the role of digital leader and strategic advisor, according to the 2023 Global CIO Survey from Logicalis ...

March 21, 2023

Synthetic monitoring is crucial to deploy code with confidence as catching bugs with E2E tests on staging is becoming increasingly difficult. It isn't trivial to provide realistic staging systems, especially because today's apps are intertwined with many third-party APIs ...

March 20, 2023

Recent EMA field research found that ServiceOps is either an active effort or a formal initiative in 78% of the organizations represented by a global panel of 400+ IT leaders. It is relatively early but gaining momentum across industries and organizations of all sizes globally ...

March 16, 2023

Managing availability and performance within SAP environments has long been a challenge for IT teams. But as IT environments grow more complex and dynamic, and the speed of innovation in almost every industry continues to accelerate, this situation is becoming a whole lot worse ...

March 15, 2023

Harnessing the power of network-derived intelligence and insights is critical in detecting today's increasingly sophisticated security threats across hybrid and multi-cloud infrastructure, according to a new research study from IDC ...

March 14, 2023

Recent research suggests that many organizations are paying for more software than they need. If organizations are looking to reduce IT spend, leaders should take a closer look at the tools being offered to employees, as not all software is essential ...

March 13, 2023

Organizations are challenged by tool sprawl and data source overload, according to the Grafana Labs Observability Survey 2023, with 52% of respondents reporting that their companies use 6 or more observability tools, including 11% that use 16 or more.

March 09, 2023

An array of tools purport to maintain availability — the trick is sorting through the noise to find the right one. Let us discuss why availability is so important and then unpack the ROI of deploying Artificial Intelligence for IT Operations (AIOps) during an economic downturn ...

March 08, 2023

Development teams so often find themselves rushing to get a release out on time. When it comes time for testing, the software works fine in the lab. But, when it's released, customers report a bunch of bugs. How does this happen? Why weren't the flaws found in QA? ...