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👀 Dash0 Raises $9.5M to Address Cost Transparency in Observability

Dash0, a new observability startup founded by Mirko Novakovic, has secured $9.5 million in seed funding led by Accel to improve cost clarity for cloud monitoring by leveraging the OpenTelemetry framework.

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👀 Dash0 Raises $9.5M to Address Cost Transparency in Observability

Dash0, a new observability startup founded by Mirko Novakovic, has secured $9.5 million in seed funding led by Accel to improve cost clarity for cloud monitoring by leveraging the OpenTelemetry framework.

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🛡 Powered by V3V Ventures

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Apparently upbeat developments in Russia's discussions with Ukraine helped at least temporarily send investors back into risk assets. Russian President Vladimir Putin said during a meeting with his Belarusian counterpart Alexander Lukashenko that there were "certain positive developments" occurring in the talks with Ukraine, according to a transcript of their meeting. Putin added that discussions were happening "almost on a daily basis." For example, WhatsApp restricted the number of times a user could forward something, and developed automated systems that detect and flag objectionable content. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly hard by higher bond yields. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation.
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