OpenObserve, a **United States** based startup founded in **2022**, has recently secured a significant **$3.60M** investment in a Seed Round at **19 March 2022**. The investment was led by notable firms including **Cardinia Ventures, Nexus Venture Partners, Dell Capital, Secure Octane**, as well as individual investors **Alex Gallegos, Balaji Parimi, Awais Nemat, Anshu Sharma, Rob Skillington, Dan Pinto**. The company's slogan, "10x easier, 140x lower storage cost, petabyte scale - open source observability platform (Logs, metrics, traces)," highlights its value proposition in the cloud native world. OpenObserve's **open source observability platform**, built in rust for high performance, promises advanced features and ease of use compared to alternatives like elasticsearch or splunk. With offerings including logs, metrics, traces, dashboards, functions, and more in a single platform, OpenObserve aims to disrupt the observability space with its innovative solutions.
