Coralogix is thrilled to announce that it has successfully raised $150,000,000 in its latest round of funding, a significant milestone that will amplify its mission to help businesses "Observe more. Spend less." As a modern, full-stack observability platform, Coralogix is at the forefront of transforming how organizations process and understand their data. Through its innovative architecture, the platform delivers in-stream analytics without the burden of indexing or hot storage, thereby significantly reducing operational expenses and improving efficiency. This influx of capital will empower Coralogix to scale its solutions even further, bolstering the platform’s capabilities across the full spectrum of observability.
The investment will be strategically allocated to expand and enhance key features such as Application Performance Monitoring (APM), Real User Monitoring (RUM), Security Information and Event Management (SIEM), and Kubernetes monitoring. By investing in these areas, Coralogix is setting the stage for deeper integrations and the rapid deployment of analytics across diverse environments, ensuring customers achieve immediate and measurable value. Additionally, the funding boost will further support the company’s commitment to providing world-class, free customer support—an area where Coralogix has excelled with a remarkable sub-30-second response time and one-hour resolution time.
The company’s dedication to delivering a comprehensive observability solution, alongside its unique cost-saving approach that can reduce the total cost of ownership by up to 70%, underscores its potential to reshape industry benchmarks. With the new funds, Coralogix is poised to reinforce its market leadership, foster innovation, and continue offering a robust platform that truly transforms the way businesses manage and analyze their data.
