Loom Systems Raises $10M in Funding

Loom’s 3 founders.

Loom Systems, a San Francisco, CA-based creator of a predictive AIOps platform, raised $10m in funding.

The round was led by Flint Capital, with participation from existing investors JVP, Meron Capital, and 31Ventures Global Innovation Fund managed by Global Brain Corporations.

The company intrends to use the funds for expansion in North America & EMEA; boost of sales, marketing, and research and development; and continuation of its expansion into enterprise markets.

Led by Ronny Lehmann (CTO), Gabby Menachem (CEO), Dror Mann (VP Product), Loom provides an AIOps platform, “Sophie,” which detects IT issues by capturing logs, metrics, alerts and events, correlating and predicting IT issues before the business is impacted, while also delivering the insights and knowledge the frontline needs to resolve them quickly.



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