Balderton-Backed Startup Dash0 Bags $110 Million to Expand in US

Dash0 has raised $110 million at a $1 billion valuation in a Balderton Capital-led round to expand its monitoring platform, used to detect problems in software systems, across the US.

The fresh funds will also accelerate the startup’s development of artificial intelligence agents, the company’s Chief Executive Officer Mirko Novakovic said in a statement that confirmed an earlier Bloomberg report. Novakovic declined to disclose the company’s revenue, but said it aims to reach $100 million in annual recurring revenue “pretty quickly.”