London-based startup Incident.io has raised US$62 million in a series B funding round led by Insight Partners, with participation from existing investors Index and Point Nine.

This funding increases the company’s total raised to over US$96 million since its founding in 2021.

The new funding will be allocated to expanding hiring, sales, and marketing efforts in London and San Francisco.

Incident.io provides an AI-based platform designed to improve incident management and response for IT systems.