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Israeli AI firm Lightrun raises $70m series B
Israeli observability platform Lightrun has raised US$70 million in series B funding, increasing its total funding to US$110 million.
The funding round was led by Accel and Insight Partners, with contributions from Citi, Glilot Capital, GTM Capital, and Sorenson Capital.
Based in Tel Aviv, Lightrun specializes in AI-driven solutions for software observability and remediation.
The platform is designed to detect, diagnose, and suggest fixes for software issues in real time.
Lightrun employs approximately 80 people, with 60 based in Israel and the remainder in New York. Its clients include notable firms such as Citi, Salesforce, Microsoft, SAP, AT&T, Priceline, and the NYSE.
🔗 Source: Calcalist
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