The beginning of a partnership that fosters co-development and co-innovation
San Francisco, California - June 26, 2018 – Loom Systems, a provider of an AI-powered log analysis software platform, announced today it has been selected to join Oracle's Startup Cloud Accelerator, a next-generation acceleration initiative, with a focus on reimagining enterprise innovation.
The selection comes after a rigorous process including pitching to an expert panel of mentors, partners and Oracle experts. Working with Oracle’s R&D team enables Loom Systems to strengthen its position as a leading AI-powered log analysis startup and continue to scale its solution globally. The partnership will bring great value to Loom Systems as they accelerate through the program in the coming months.
“Working with Oracle will give us access to crucial artificial intelligence resources, boosting our current capablities" said Gabby Menachem, CEO and Co-Founder of Loom Systems. “The program will enable Loom Systems to give Oracle customers the ability to identify faults before they impact the customer experience and resolve them in minutes.”
“We are very proud and excited to be selected for this prestigious program."
- Gabby Menachem, CEO & Co-founder of Loom Systems.
###
About Loom Systems
Loom Systems is the leading AI-based log analysis company, ensuring an instantly smooth, uninterrupted customer experience using an AIOPs solution to predict and prevent IT issues. Loom's coherent solution enhances operational excellence, enabling any organization to succeed in the digital era. Loom Systems has been named a Gartner “Cool Vendor for 2017” in Performance Analysis, was recognized as Innovation of the Year at Pink Elephant 2018 and has recently raised funding from JVP, Meron Capital and 31Ventures Global Innovation Fund. For more information, visit Loom Systems at: https://www.loomsystems.com and follow us on Twitter @Loom_systems and LinkedIn.
