Coralogix Gets 115m In Funding To Pioneer Agentic Ai Powered

Bonisiwe Shabane
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coralogix gets 115m in funding to pioneer agentic ai powered

Coralogix Ltd. says it’s going to automate and extend the value of its observability tools to every business worker after closing on a $115 million late-stage funding today. The Series E round coincides with the launch of its first artificial intelligence agent, called “olly,” which enables nontechnical users to explore the full power of its platform. Today’s round was led by NewView Capital and saw participation from the Canada Pension Plan Investment Board and NextEquity, a venture firm founded by former Apple Inc. executives Avie Tevanian and Fred Anderson. Numerous existing investors also participated, including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G.

Tech, StageOne Ventures, Joule Capital Partners and Maor Investments. With today’s round, Coralogix is now valued at more than $1 billion. The company is the creator of a “full-stack observability” platform that’s used by organizations to find and fix technical issues with their information technology infrastructure. It works by scanning the telemetry data created by IT and cloud systems, analyzing it for any signs of problems. It primarily aims to catch potential issues before they cause applications and software to stop working properly. Until now, Coralogix’s platform has generally been used by DevOps teams and IT infrastructure engineers.

With the launch of olly, it wants to change that and enable anyone, including business leaders, product managers and other staff, to participate in observability. The new standard of observability is here. Discover Olly, the industry’s first Autonomous Observability Agent. → KubeCon + CloudNativeCon North America 2025 We’re proud to share a defining moment in our journey: Coralogix has raised $115 million in a Series E funding round with a valuation of over $1 billion.

What began 10 years ago as a belief that “there must be an easier way to track logs” has now grown into a global leader in observability. We power over 4,000 customers and transform how businesses monitor, secure, and scale their digital infrastructure. Today, we’re not just celebrating a milestone; we’re setting the stage for a bold new chapter. June 17, 2025: Coralogix Secures $115M to Launch AI Tool Olly - Coralogix raised $115 million in a Series E funding round, led by NewView Capital, to advance its AI-powered observability platform and introduce... This round boosted Coralogix's valuation beyond $1 billion. Olly aims to simplify observability by guiding users with insights and suggestions to solve IT issues, supporting both nontechnical and technical users.The tool enhances decision-making and productivity.

Recent innovations, such as the Coralogix AI Center and Continuous Profiling, emphasize the company's commitment to pioneering observability solutions. Cut through the AI noise - Get only the top stories and insights curated by experts. One concise email per week. Unsubscribe anytime. Trusted by engineering leaders from Microsoft, Amazon, Google, Databricks, and more. Israeli data analytics firm Coralogix has achieved unicorn status after raising 115 million in funding and introducing a new AI agent named Olly.

Israeli data analytics platform Coralogix has reportedly achieved unicorn status after nearly doubling its valuation to over $1 billion in its latest funding round. The announcement was made by CEO Ariel Assaraf in a Reuters interview. Coralogix also unveiled its new AI agent, Olly, designed to simplify data monitoring through conversational queries. According to the company’s blog post, Olly translates complex questions (e.g., “What’s wrong with the payment flow?”) into actionable insights. The article references a recent PYMNTS discussion with Greenlite AI CEO Will Lawrence, who highlighted the shift to an “agentic era of compliance” in banking. Key takeaways:

Tags: #DataAnalytics #AI #StartupFunding BOSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Coralogix, a leading full-stack observability platform provider, today announced a $115 million Series E funding round. The round was led by NewView Capital, a California-based venture growth firm, with participation of the Canada Pension Plan Investment Board (CPPIB) and NextEquity, the venture firm founded by former Apple executives Avie Tevanian... The round brings Coralogix’s valuation to over $1 billion. All existing investors -- including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Tech, Joule Capital Partners, and Maor Investments -- also returned to support Coralogix’s continued growth and leadership in AI observability.

Coralogix today announced its new AI agent Olly, the centerpiece of the company’s initiative to extend the value of observability across the enterprise. While traditional observability tools have helped DevOps teams diagnose and troubleshoot system behavior, Olly takes a fundamentally different, agentic approach - actively guiding users through questions, surfacing insights, and recommending next steps. By allowing both technical and non-technical users to access Observability insights, Olly transforms observability into an intelligent system that drives better, faster decisions across the business. The announcements follow the company’s December 2024 acquisition of Aporia, an AI observability and guardrails innovator; and the recent launch of Coralogix AI Center, the first AI observability platform that provides insights not only... “This funding round accelerates our momentum and helps us push the boundaries of AI-driven observability, enabling smarter decisions and faster innovation across the business,” said Ariel Assaraf, CEO and Co-founder of Coralogix. Get the latest updates delivered to your inbox every day, and stay up-to-date for free 🧠📈

Get the latest updates delivered to your inbox every day, and stay up-to-date for free 🧠📈 Observability startup Coralogix becomes a unicorn, eyes India expansion | TechCrunch Coralogix, an Israeli startup offering a full-stack observability and security platform, has raised $115 million at a pre-money valuation of over $1 billion, almost doubling in three years from its last round in 2022. With the influx of cash, the startup is looking to expand its engineering base in India and develop its AI agent. The all-equity and all-primary Series E round is led by California-based venture growth firm NewView Capital, with participation from the Canada Pension Plan Investment Board and NextEquity, the venture firm founded by former Apple... Data observability has become increasingly important nowadays as more companies store and leverage data to capitalize on the benefits of AI.

However, not everyone in a company has the time or resources to thoroughly investigate an issue or make an important decision based on their data stream. Coralogix aims to solve this challenge with its AI observability agent, Olly. The agent utilizes a semantic layer that incorporates internal data, including metadata, along with external sources, such as information available on the internet, to assist companies in understanding complex issues, such as identifying the... Trained to answer broader questions than just what is going wrong, the AI agent can help customers if they want to know which feature is causing customers the most frustration, how much these customers... Olly includes features such as anomaly detection, access monitoring, and real-time alerts to automate data observability for customers. It was developed by Coralogix's AI research center, which it now aims to expand through its new capital.

Alongside its AI agent, Coralogix provides observability and guardrails to AI companies, offering them insights into the performance of their models, as well as the quality, security, and governance of their responses. All this came through Aporia's acquisition in December 2024. "There's an opportunity for us, given our architecture of analyzing stream query from remote, lower costs. We're going to invest a lot there and build out the AI research center bigger," Assaraf said. The startup plans to leverage India's engineering base for its AI ambitions, aiming to invest about $100 million in the country over the next five years. The investment is planned to expand its office in Gurugram and hire more staff in Bengaluru and Mumbai to build engineering, R&D, and customer success teams.

Of its overall headcount of nearly 550 employees, Coralogix has about 250 people in Israel and 100 in India. It plans to double the Indian employee base over the next three years. "Because we see just a really good fit between the Israeli engineering culture and Indian engineering culture, it's a get-it-done, very independent, very committed to the mission type of engineering that we see a... The South Asian market is also the startup's second-largest market in terms of revenue and user base, with over 100 customers, after the U.S., the executive said. Indian companies such as Postman, Jupiter Money, Meesho, BookMyShow, BharatPe, CoinDCX, and Razorpay are among Coralogix's customers. It also serves banks and enterprises and is looking to tap the Indian government as its next big client.

Furthermore, the startup is eyeing the acquisition of Indian startups to expand its footprint in the country. "We have spoken to quite a few Indian companies about the potential M&A, but nothing has really been fulfilled. It could be a very good and easy way for us to get a strong core team as we think about expanding our engineering," Assaraf told TechCrunch. In June 2022, Coralogix raised $142 million in a Series D round co-led by Advent International and Brighton Park Capital. Since then, Assaraf said the startup has seen 7x growth in its revenues, although it's not yet profitable. The startup, which views Datadog as its key competitor, aims to file for a U.S.

IPO on Nasdaq in three years. "Our goal is we build this new way of architecture, analyzing stream query from remote, this new way of customer engagement, these new geographies that we're invested in now, also this new AI experience,... After it can show progress on these fronts, it will explore an IPO, he added. The latest round also saw participation from Coralogix's existing investors, including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Tech, Joule Capital Partners, and Maor Investments. Data analytics startup Coralogix doubles valuation to over $1 billion in latest funding round

In a significant milestone for the Israeli tech industry, data analytics platform Coralogix has reached unicorn status, a term used to describe privately held startup companies valued at over $1 billion. This achievement comes as the company nearly doubled its valuation in its latest funding round, as confirmed by Co-founder and CEO Ariel Assaraf in a recent interview with Reuters on June 17. The funding round, which raised $115 million, was led by California-based venture growth firm NewView Capital, with significant contributions from the Canada Pension Plan Investment Board (CPPIB) and venture firm NextEquity. This financial boost follows a previous round in 2022, where Coralogix secured $142 million. Despite a general decline in valuations due to investor caution amid high interest rates and geopolitical tensions, Coralogix has managed to thrive, largely due to the burgeoning interest in artificial intelligence (AI). The recent surge in AI investments has been a boon for software-as-a-service (SaaS) companies, with the sector attracting a record $58 billion in the first quarter of the year, according to data from PitchBook.

Coralogix has been a beneficiary of this trend, with its revenue increasing sevenfold since 2022. However, the company remains unprofitable, as nearly 75% of its revenue last year was allocated to research and development. Assaraf explained the strategy behind this heavy investment in R&D, stating, “Successful companies in our space always invest a large portion of their revenue in R&D and were very late to become profitable.” This... In conjunction with its funding announcement, Coralogix unveiled its latest innovation: an AI agent named “Olly.” Designed to simplify data monitoring, Olly operates through a conversational platform, making deep observability data accessible to all... The company elaborated on Olly’s capabilities in a blog post, stating, “Whether you ask, ‘What is wrong with the payment flow?’ or ‘Which service is frustrating our users the most?’ Olly translates those questions... The Israeli startup Coralogix, which offers a full-stack observability and security platform, has now raised $115 million in funding.

This new Series E round was done at a pre-money valuation of over $1 billion, almost doubling in three years. The all-equity and all-primary funding round was led by the California-based venture growth firm known as NewView Capital. It also saw participation from the Canada Pension Plan Investment Board and also from the venture capital firm called NextEquity. With this significant new influx of cash, the startup is now looking to expand its engineering base in the country of India. It also plans to further develop its AI agent. Data observability has become increasingly important for businesses as more companies store and leverage data to capitalize on the benefits of AI.

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