We are super excited to share that Two Small Fish led YScope’s US$3.9 million financing, with Snow Angels (the Snowflake alumni investment syndicate), Next Wave NYC, UTEST, and other successful founders participating.

YScope was cofounded by University of Toronto Professor Ding Yuan, who is also CEO, Professor Michael Stumm, Dr. Kirk Rodrigues, Dr. David Lion, Yu (Jack) Luo, and Beverly Xu (Guangji Xu). It is a deeply impressive team building open-source logging infrastructure for the AI era, combining deep systems research with real-world production traction.

Its core technology, CLP (Compressed Log Processor), makes log storage, search, and analytics dramatically more efficient for both humans and AI, across cloud and edge environments.

We believe this is a massive opportunity. As the cost of intelligence collapses, AI agents, robots, autonomous vehicles, and other intelligent systems will generate orders of magnitude more machine-generated events. A robotic finger moves. A self-driving car makes a slight turn. An AI agent retries a task. Each action creates an event, and the infrastructure layer that can handle that explosion efficiently will matter enormously.

YScope is also a strong mutual fit for TSF. We invest in the next frontier of computing and its applications, and we know firsthand how painful logging becomes at scale. I have spent enough time with logs that I will never get back. At Wattpad, logging every tap, swipe, and click could easily add up to billions of events a day. That is why YScope’s traction is so compelling, from powering Uber’s production logging platform to operating across more than 1.5 million connected electric vehicles and being used by Fortune 500 organizations.

Congrats to Ding, Michael, Kirk, David, Jack, Beverly, and the entire YScope team. Full blog post here.