Loom Systems

Loom Systems

Loom Systems Ltd develops software. The Company offers log analysis software platform. Loom Systems serves customers in the State of California. Learn more
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€5.5m

Series A

$10.0m

Early VC
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Acquisition
Total Funding$16.1m

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Loom Systems specializes in AI-driven log analytics, offering a platform that predicts and prevents IT incidents to enhance operational efficiency. The company serves enterprises across various industries, particularly those with complex IT infrastructures. Operating in the AIOps (Artificial Intelligence for IT Operations) market, Loom Systems leverages its AI engine, Sophie, to analyze historical data and predict potential IT issues before they impact customers. This proactive approach helps businesses reduce noise alerts by 93%, improve mean time to resolution by 35%, and eliminate P1 outages. The business model revolves around a subscription-based service, providing continuous AI-powered monitoring and automated remediation solutions. Revenue is generated through these subscriptions, as well as through professional services for implementation and support. Loom Systems' clients benefit from reduced operational disruptions, improved customer satisfaction, and optimized IT performance. The company has been acquired by ServiceNow, further integrating its advanced AIOps capabilities into a broader IT service management ecosystem.

Keywords: AIOps, log analytics, IT incidents, predictive analytics, operational efficiency, AI engine, automated remediation, subscription service, IT infrastructure, ServiceNow acquisition.

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