Sawmills, a Los Altos, CA-based AI-powered telemetry management platform, has raised $10 million in seed funding.
Investors
The round was led by Team8, with participation from Mayfield and Alumni Ventures.
Team8 is a global fund that builds and invests in companies across sectors such as cybersecurity, data infrastructure, AI, fintech, and digital health. Founded in 2014, it operates through a dual model: venture creation, where it co-founds startups with entrepreneurs, and venture capital, which invests in early-stage companies.
About Sawmills
Founded by Ronit Belson, Amir Jakoby, and Erez Rusovsky, Sawmills provides telemetry management solutions that help organizations efficiently manage their observability data—logs, metrics, and traces—from engineering teams. Built on OpenTelemetry, Sawmills leverages AI to analyze telemetry data in real-time, automatically identifying opportunities to reduce costs, enhance data accuracy, and prevent observability system outages. Sawmill empower enterprises to take control of their observability pipelines with minimal manual effort.
Funding Details
Company: Sawmills.AI
Raised: $10.0M
Round: Seed
Funding Date: February 2024
Lead Investor: Team8
Additional Investors: Mayfield, Alumni Ventures
Company Website: https://www.sawmills.ai/
Software Category: Telemetry Data Management
Source: https://www.sawmills.ai/blog/sawmills-exits-stealth-with-10m-to-tackle-skyrocketing-observability-costs-using-ai