HomeUSARootly Raises $12M in Series A Funding

Rootly Raises $12M in Series A Funding

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Rootly

Rootly, a San Francisco, CA-based provider of an incident management platform, raised $12M in Series A funding.

The round, which brought the total amount raised to date to $15.2M, was led by Renegade Partners with participation from Google Gradient Ventures (Google’s AI-focused venture fund) and XYZ Ventures.

The company intends to use the funds to expand product development, increase its global engineering presence, and invest in sales and marketing.

Led by CEO JJ Tang, Rootly offers an enterprise-grade incident management platform featuring 50+ integrations to automate manual admin work such as paging responders, incident creation, tracking action items and metrics, stakeholder communication, and generating retrospectives. The AI-powered platform learns over time, helping companies understand the root cause of incidents so they can be prevented in the future.

Rootly is already in use by enterprises including Canva, NVIDIA and Tripadvisor.

FinSMEs

10/08/2023

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