Datadog, Inc.

**Signal Note: Eventide Initiates $32.5M Datadog Position** This represents Eventide's first entry into a pure-play cloud infrastructure/observability platform rather than a direct biotech holding, suggesting either portfolio diversification or positioning ahead of anticipated biotech software demand. The $32.5M position size (238,916 shares) is material for the values-based manager, potentially signaling confidence in Datadog's secular growth thesis or underlying biotech/life sciences customer expansion within their customer base. The timing warrants monitoring for any Eventide commentary on software enablement for biotech R&D workflows, though the move may also reflect broader conviction in AI/ML infrastructure adoption across regulated industries.