Loom Systems was founded in 2015 by CEO Gabby Menachem, CTO Ronny Lehmann and Vice President of Product Dror Mann. SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 22, 2020-- ServiceNow (NYSE:NOW), the leading digital workflow company making work, work better for people, today announced it has signed an agreement to acquire Loom Systems, an Israel-based AIOps company. ServiceNow, the American Cloud Computing Company has acquired Loom Systems, an Israel-based AIOps company, a part of JVP’s Portfolio. Acquisition will strengthen ServiceNow’s AIOps capabilities to help companies prevent and fix IT issues before they become problems. Our cloud‑based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and the enterprise. cap. Follow .
For more information, visit: www.servicenow.com.© 2019 ServiceNow, Inc. All rights reserved. Their cloud‑based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and the enterprise.JVP has to date raised $1.4 billion across 9 funds, and has been listed numerous times by Preqin, and other rankings, as one of the top-ten consistently performing VC firms worldwide.
“By joining forces, we have the unique opportunity to bring together our AI innovations and ServiceNow’s AIOps capabilities to help customers prevent and fix IT issues before they become problems. ServiceNow (NYSE:NOW), the leading digital workflow company making work, work better for people, today announced it has signed an agreement to acquire Loom Systems, an Israel-based AIOps company.
ServiceNow (NYSE:NOW), the leading digital workflow company making work, work better for people, today announced it has signed an agreement to acquire Loom Systems, an Israel-based AIOps company.
Enterprises undergoing digital transformation often face new problems that can’t be defined in advance. JVP has been chosen by Ney York City and EDC to lead the cyber security cyber huh in NYC and leads the cyber national center in Beer Sheva.Among the pioneering firms of the Israeli venture capital industry, JVP has been instrumental in building some of the largest companies out of Israel, facilitating 12 Initial Public Offerings on NASDAQ including CyberArk Software (NASDAQ: CYBR, $4.7 billion mkt. Loom Systems, established 2015 with its registered headquarters located in San Francisco, is the company behind Sophie, an AIOps-powered product that is a log analytics solution that is capable of averting IT incidents before their impact ripples on to the customers. Announced Date Jan 22, 2020; Funding Rounds . ServiceNow today announced that it has acquired Loom Systems to strengthen automated insights for customers using the Now platform in order to help them quickly fix IT issues. ServiceNow, the ServiceNow logo, NOW, NOW Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. The transaction will extend ServiceNow’s AIOps capabilities, giving customers deeper insights into their digital operations so they can prevent and fix IT issues at scale before they “By bringing together Loom Systems’ ability to analyze log and metrics data with ServiceNow’s AIOps and workflow automation capabilities, IT departments will be able to proactively pin-point and resolve operational issues, enabling seamless experiences for their customers and employees.” Financial terms of the deal were not disclosed. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. | Loom Systems’ patent-pending AIOps solution predicts and prevents problems in businesses undergoing a digital transformation or cloud migration.
Part of NetMediaEurope. The transaction will extend ServiceNow’s AIOps capabilities, giving customers deeper insights into their digital operations so they can prevent and fix IT issues at scale before they become problems.Loom Systems was founded in 2015, by CEO Gabby Menachem, CTO Ronny Lehmann and Vice President of Product Dror Mann. © 2020 ServiceNow, Inc. All rights reserved. Overview . Loom has raised $16 million to date led by JVP, along with investments from Meron Capital, Global Brain, and Flint Capital. Within hours, IT teams will be able to identify issues that may not have surfaced using traditional log management tools. cap.) The transaction will extend ServiceNow’s AIOps capabilities, giving customers deeper insights into their digital operations so they can prevent and fix IT issues at scale before they become problems. Loom Systems has raised a total of $16M in funding over 3 rounds.