Acquisition History / ServiceNow / Traceloop

ServiceNow Acquires Traceloop

Announced March 2, 2026 — $60M

ServiceNowLLM observability2026

What happened

Traceloop is an Israeli AI observability startup. ServiceNow bought it in a deal reported at US$60–80M, its third Israeli acquisition in under three months after Armis and Pyramid Analytics.

Acquirer
ServiceNow
Target
Traceloop
Announced
March 2, 2026
Price
$60M
Industry
LLM observability
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

ServiceNow's acquisition history
2nd of 2 tracked deals
Disclosed prices
2 of 2 ServiceNow deals
ServiceNow's average disclosed price
$3.90B
ServiceNow's largest disclosed deal
Armis Security ($7.75B)
Tracked acquisitions in 2026
397 across all acquirers
ServiceNow in LLM observability
1 acquisition

Frequently Asked Questions About This Acquisition

When did ServiceNow acquire Traceloop?

ServiceNow acquired Traceloop on March 2, 2026. This was ServiceNow's 2nd publicly tracked acquisition out of 2 we have on record.

How much did ServiceNow pay for Traceloop?

ServiceNow paid $60M for Traceloop.

What does Traceloop do?

Traceloop is an Israeli AI observability startup. ServiceNow bought it in a deal reported at US$60–80M, its third Israeli acquisition in under three months after Armis and Pyramid Analytics.

What other LLM observability companies has ServiceNow acquired?

Traceloop is ServiceNow's only publicly tracked acquisition in LLM observability so far.

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