Coralogix, a San Francisco CA-based company stateful streaming analytics platform provider, raised $55M in Series C funding.
The round was led by Greenfield Partners with participation from Red Dot Capital Partners, StageOne Ventures, Eyal Ofer’s – O.G. Tech, Janvest Capital Partners, Maor Investments, and 2B Angels.
The company intends to use the funds to extend their platform beyond observability towards a comprehensive storage-free data solution.
Led by CEO Ariel Assaraf, and CTO Yoni Farin, Coralogix provides a stateful streaming platform for modern engineering teams. The technology produces insights and trend analysis with no reliance on storage or indexing, solving the challenge of data growth in large-scale systems.
In the last quarter, the company almost tripled in YoY growth and more than doubled its paying customer base to over 2000, including 10 of the Fortune 100.
FinSMEs
29/07/2021