Dash0 raises $110M Series B at $1B valuation: Mirko Novakovic, CEO at Dash0

Dash0 has raised a $100m Series B at a $1bn valuation after hitting over $10m ARR and growing faster than expected, becoming a unicorn just months after its Series A.Mirko Novakovic, CEO of Dash0, says the shift to agent-generated code is driving this change, as software is deployed faster than it can be reviewed and observability becomes essential to keep systems running in production.The Scaling Europe show is presented by Deel - check them out here:https://get.deel.com/ruynb7o4lfjkSponsors:SurrealDB: The multi-model database for AI agents. Check them out here: https://surrealdb.com/Omni: The AI analytics platform trusted by fast-growing companies like Perplexity, Synthesia, and dbt Labs. Check them out here: https://omni.co/Venture Comet: The platform that gives startups and scale-ups real-time equity tracking, daily business insights and automated management information. Check them out here: https://venturecomet.com/Timestamps:00:00: Introduction and Guest Announcement00:44: Series B Funding and Unicorn Status02:15: Market Challenges and Dash Liver’s Solution03:30: Shift to Agentic Technology and AI05:44: OpenTelemetry Foundations and Contextual Data09:06: Customer Adoption and Retention10:27: Customer Profile Evolution and Enterprise Focus11:49: Expansion Plans and US Market Focus13:10: Go-to-Market Strategy15:04: AI-driven Product and Marketing Investment17:13: Future Market Predictions and AI Challenges