Groundcover buys Israel's Wand for tens of millions in first acquisition
What's the deal? Groundcover, a cloud infrastructure monitoring company, is acquiring Israeli startup WandDealroom has a profile for this one. Try Dealroom → for several tens of millions of dollars. Wand's founding team and 10 employees will join groundcover; terms were not disclosed.
Who's who? Wand, founded in 2023 by Shon Lev-Ran and Shir Monether, builds technology that automatically optimizes Kubernetes resources by analyzing workload behavior and allocating computing power as demand shifts. It raised about $4 million in a seed round led by Angular VenturesDealroom has a profile for this one. Try Dealroom →.
Why now? This is groundcover's first acquisition, coming roughly two months after a $100 million funding round that brought its total raised to $160 million. Founded in 2021 by chief executive officer Shahar Azulay and chief technology officer Yechezkel Rabinovich, it serves more than 250 customers.
What's the endgame? Groundcover's platform uses eBPF and OpenTelemetry to give companies real-time visibility into their systems, keeping data inside customers' own cloud environments. Buying Wand pushes it from observing and understanding activity to acting on it — making decisions and automatically implementing infrastructure changes on live Kubernetes.
In practice, the combined system could allocate extra computing power when an AI service spikes demand, then scale back when demand falls. Wand's technology coordinates vertical, horizontal, and cluster-level scaling, running inside the customer's environment.
What they're saying: "For infrastructure to become autonomous, systems also need to act safely on what they know," said Azulay. "Wand has spent years building exactly that capability for Kubernetes."
The signal: Observability is shifting from a diagnostic tool to a foundation for autonomous infrastructure. As Azulay put it, in "an AI-native software development cycle, production data becomes context that agents use to build, troubleshoot, fix and operate software."
Read more: calcalistech.com
Image credit: Christoph Scholz
