data center

Data center monitoring firm LogicMonitor raises $800M at a $2.4B valuation

Fundraising /

As companies’ server infrastructure grows, they often run into challenges keeping tabs on the health of their various assets, like cloud instances and local data centers. Monitoring tools, also known as observability tools, can help — but lots of tools quickly becomes overwhelming. According to one survey, seven in 10 organizations believe that monitoring is […]

Data center monitoring firm LogicMonitor raises $800M at a $2.4B valuation Read More »

LogicMonitor’s massive $800M raise shows AI is driving the demand for data center monitoring

Fundraising /

As companies’ server infrastructure grows, they often run into challenges keeping tabs on the health of their various assets, like cloud instances and local data centers. Monitoring tools, also known as observability tools, can help — but lots of tools quickly becomes overwhelming. According to one survey, seven in 10 organizations believe that monitoring is

LogicMonitor’s massive $800M raise shows AI is driving the demand for data center monitoring Read More »

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Climate /

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently Read More »