Hydrolix raises $80M in a Series C round led by QED to enhance its services for managing log data. The funding will help the company expand its capabilities in real-time data storage and analysis.
Hydrolix raises $80M in a Series C round led by QED to enhance its services for managing log data. The funding will help the company expand its capabilities in real-time data storage and analysis.
04/03/25, 4:33 PM
Location
portlandMoney raised
$80 million
Industry
data center
software
analytics
Round Type
series c
Investors
Wing Venture Capital, Uncorrelated Ventures, S3 Ventures, Oregon Venture Fund, Nava Ventures, Ericsson Ventures, Av8 Ventures, Akamai, Sozo Ventures, Pruven Capital, Frontline Ventures, Blumberg Capital, Qed
Hydrolix, a startup focusing on managing log data, secured $80 million in a Series C funding round led by QED. The company provides services to various sectors including fintech and media, leveraging AI and cloud technologies. With a revenue growth of 8X in 2024, Hydrolix aims to enhance its offerings. The investment will assist in catering to the increasing demand for log data solutions.
Company Info
Location
portland, oregon, united states
Additional Info
Hydrolix's streaming data lake platform is unique in the industry for its ability to radically transform the economics of log data. With a unique combination of stream processing, decoupled storage, high-density compression and indexed search, Hydrolix's platform delivers real-time query performance at terabyte scale while dramatically reducing the cost to store and use log data. The platform powers data-intensive applications to elevate business intelligence, optimize operations and drive growth. Companies worldwide deploy Hydrolix for a wide range of use cases, including security, observability, content delivery, digital advertising, AI/machine learning, and regulatory compliance. Founded in 2018 and based in Portland, Oregon, Hydrolix is trusted by Fortune 500 companies across diverse industries.