⚡ NEW REPORT The Agentic AI Telemetry Crisis: Are You Ready For What's Coming? Get the report

Observability startup Apica buys Logiq.ai for its advanced data management capabilities

SiliconANGLE

seliconAngle

Swedish application monitoring startup Apica AB said today it’s acquiring one of its rivals, the U.S. observability data fabric company called Logiq.ai LLC, for an undisclosed price.

Alongside the acquisition, Apica said it has closed on a $10 million funding round led by existing investors Industrifonden, SEB Foundation and Oxx. The round brings Apica’s total amount raised to $46 million.

READ MORE

Live Webinar · Aug 27

The Agentic AI Telemetry Crisis

New Omdia research on 300+ enterprise IT leaders found that 69% of agentic AI projects already spend more on observability than compute. Apica CPTO Andi Mann breaks down what's driving it and what's next, live.

10:00–10:30 AM ET
Save My Spot