Incident.io Secures $62M Funding to Revolutionize IT Incident Management
Incident.io has successfully raised $62 million in a Series B funding round, bringing its total funding to over $96 million. The London-based startup, valued at approximately $400 million, specializes in AI-driven incident management solutions for IT teams. Led by Insight Partners, the funding aims to enhance hiring, sales, and marketing efforts. With notable clients like Netflix and Etsy, Incident.io has tripled its customer base in the past year, supporting over 250,000 incidents. The company is also integrating AI features to streamline incident responses, competing directly with PagerDuty.
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