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Coralogix Raises $25M To Fix Observability Pricing Model

Sep 30, 2020•almost 5 years ago

Amount Raised

$25 Million

BostonSoftware

Description

 Coralogix today announced it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million. New investors Red Dot Capital Partners and O.G. Tech Ventures (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital partners and Roy Oron of O.G

Company Information

Company

Coralogix

Location

Boston, Massachusetts, United States

About

Coralogix is a modern observability platform that gives teams real-time insights across systems, security, and AI workloads. By processing data in-stream and storing it directly in the customer’s cloud, Coralogix delivers full data fidelity without indexing or sampling. This architecture reduces costs while allowing teams to monitor, troubleshoot, and make decisions using 100% of their telemetry data.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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