Signalpoint

← Full daily brief

Startup brief

Israeli Tech Secures Major Late-Stage Rounds

With $113M for Onyx Security and $100M for groundcover, late-stage capital is returning to Tel Aviv to fund enterprise-grade software.

Signalpoint TeamBrief

Startup

Onyx is capitalizing on the corporate rush toward autonomous AI agents — establishing an Israeli-led governance standard before competitors can deploy alternative control planes.

BackgroundEnterprises are rapidly deploying autonomous AI agents to automate complex operations, creating severe data risks when tools execute actions without human oversight. Onyx was founded by veterans of the IDF's elite Unit 8200 and the Air Force's operational technology wing to address these vulnerabilities.

Points
  1. The platform operates as a secure control plane, intercepting unintended or malicious actions made by enterprise AI tools in real time.
  2. Onyx's software integrates directly with frontier models like Anthropic's Claude, preventing autonomous tools from exceeding their pre-defined operational boundaries.
  3. The deal represents one of the fastest growth-stage funding cycles for an Israeli enterprise software startup, reflecting high investor urgency around AI safety rules.
SourcesBusiness Wire: Onyx Security Raises $113M Series B to Control Advanced AI, Quadrupling Revenue since Stealth Launch Four Months Ago (opens in new tab)Globes: Israeli AI security co Onyx Security raises $113m (opens in new tab)

Startup

groundcover is using its cloud-native pricing structure to disrupt the $20B observability market — proving that Israeli startups can challenge dominant US SaaS incumbents.

BackgroundTraditional cloud monitoring platforms charge corporate clients based on the volume of data ingested, which has become prohibitively expensive as AI apps generate massive telemetry streams. groundcover was founded in 2021 to slash these costs using lightweight open-source data capture protocols.

Points
  1. The startup employs a bring-your-own-cloud model, keeping all telemetry data stored safely within the client's own cloud infrastructure to eliminate steep transfer fees.
  2. By leveraging eBPF and OpenTelemetry protocols, groundcover captures deep network data with minimal performance overhead on host servers, bypassing heavy software agents.
  3. The capital will fund a major sales expansion in North America, directly targeting enterprise clients looking to escape ballooning bills from legacy competitors like Datadog.
SourcesCtech: “We want to replace Datadog”: groundcover raises $100 million at $500 million valuation as AI reshapes observability (opens in new tab)

Unlock the full brief

Sign in to read every signal, takeaway, and source. Free account — Apple, Google, or email.