Post by Florian Reichert
Partner & Managing Director | Picus Capital
I've rarely seen such a clear no-brainer value proposition as the one Tsuga 🌲 delivers for its customers. Hence, thrilled to share that our portfolio company Tsuga has raised $35M in their Series A - in which we at Picus Capital are doubling down alongside Singular, General Catalyst, DST Global, QuantumLight and Databricks! When we first backed Gabriel-James and Sébastien, it was one of those rare cases where the founder-market fit was immediately obvious. Both founders spent 5+ years in senior roles at Datadog after selling their prior company to Datadog, and then set out to fix a problem they knew intimately: enterprise observability. Today, observability bills are piling up to tens of millions of dollars for large enterprises while the tools underdeliver on key features and AI is only accelerating this further. Tsuga's answer is AI-native, bring-your-own-cloud observability, delivering a superior value proposition on data sovereignty & security and dev experience while cutting costs by up to 80%. This is mission-critical infrastructure – and Tsuga goes beyond traditional observability: their platform gives customers the building blocks to launch AI-driven triage, turning reactive firefighting into automated, intelligent incident response. Their traction since launching commercial efforts at the start of the year speaks for the no-brainer value prop they are delivering to their customers (Black Forest Labs, Buk, Le Monde, Camunda etc.). Congratulations to Gabriel-James, Sébastien, Andreas, Valentin, Nils, Kevin and the rest of the Tsuga team 🌲 🚀 Read their blogpost here: https://lnkd.in/eA8GG7W9 cc Robin Godenrath Raphael Mukomilow Julian Roeoes Jakob Landbrecht Darius Kahlert Pablo Müller Cosima Paul Abhijay Thacker Jay Patel Alex Rohregger Patrick Hermann