Coralogix is a SaaS platform that analyzes log, metric, and security data in real-time and uses machine learning to streamline delivery and maintenance processes for software providers.[1] It was founded in 2014 by Guy Kroupp, Ariel Assaraf, and Lior Redlus and has its headquarters in California, United States.[2][3][4]
| Type of business | Private |
|---|---|
Type of site | Content Management and File sharing |
| Headquarters | California, U.S. |
| Key people |
|
| URL | www |
| Launched | 2014 |
History
editCoralogix was founded in 2014 by Ariel Assaraf, Guy Kroupp, and Lior Redlus in Tel Aviv, Israel.[5] Later, Kroupp exited the company[6] and Yoni Farin joined as a co-founder in 2017.[6] Matt Handler joined in 2018 as the president and chief operating officer (COO).[7]
In 2016, Coralogix graduated from the Microsoft Accelerator in Tel Aviv.[8][9]
In 2020, it released its Streama technology.[10] The same year, it expanded in India to provide businesses with data storage capabilities using Amazon Web Services (AWS) regional support.[11][12] It was also recognized as a 2020 Cool Vendor in Performance Analysis by Gartner[13] and grew to 10 million users by the end of the year.[14]
By September 2021, Coralogix had raised $96.2 million in investment from over ten investors.[15]
Investments
editIn 2014, Coralogix raised Pre-Seed funding from Nimrod Cohen, followed by a $1 million in a Seed funding round led by Janvest Capital Partners.[16]
In 2016, it raised $5.2 million in an additional Seed funding round led by StageOne Ventures, with participation from Janvest Capital Partners and Moshe Litchtman.[17]
In 2019, it raised $10 million in a Series A round from Aleph Venture Capital, 2B Angels, Janvest Capital Partners, and StageOne Ventures.[18][19]
In 2020, it raised $25 million in a Series B round from Aleph Venture Capital, 2B Angels, O.G. Tech, StageOne Ventures, Red Dot Capital Partners, and Janvest Capital Partners.[20]
In 2021, it raised $55 million in a Series C round from Greenfield Partners, StageOne Ventures, Janvest Capital Partners, Red Dot Capital Partners, Maor Ventures, O.G. Tech, and 2B Angels.[15]
In 2022, it raised $142 million in a Series D funding round, led by private equity giant Advent International, alongside Brighton Park Capital. [21]
References
edit- ^ "Biometrics firm fights monitoring overload with log analytics". SearchITOperations. Retrieved 2021-10-11.
- ^ "Coralogix to invest $30 mn in India to meet data localisation norms". Business Standard India. Press Trust of India. 2020-08-13. Retrieved 2021-10-11.
- ^ Orbach, Meir (2021-07-29). "Coralogix raises $55 million Series C to expand data platform". calcalistech.com. Retrieved 2021-10-11.
- ^ "Coralogix raises $55 m in Series C round led by Greenfield Partners". @businessline. 29 July 2021. Retrieved 2021-10-11.
- ^ "Coralogix raises $25M using ML to turn log analytics into useful insight". Geektime. 2020-09-30. Retrieved 2021-10-08.
- ^ a b "Bizzabo: "Globes" most promising 2020 Israeli startup". Globes. 2020-08-12. Retrieved 2021-10-08.
- ^ FinSMEs (2019-11-26). "Coralogix Raises $10M in Series A Funding". FinSMEs. Retrieved 2021-10-08.
- ^ yilanhu. "Global Startup Roadshow Profile: Coralogix, Microsoft Accelerator Graduate". startups.microsoft.com. Retrieved 2021-10-08.
- ^ "Microsoft Accelerator Turns 5, Check Out The 15 Startups From This Year's Roadshow". StartUp Beat. 2017-06-09. Retrieved 2021-10-08.
- ^ Coulter, Martin. "Analytics is predicted to be worth $130 billion by 2026. Check out the 21-slide pitch deck Coralogix used to raise $55 million from VCs". Business Insider. Retrieved 2021-10-08.
- ^ "AI Log Analytics Startup Coralogix Closes $55M Funding Round". NoCamels. 2021-08-01. Retrieved 2021-10-08.
- ^ "Israel-Based Coralogix Bags $25M To Expand Its Log Analytics Solutions In India". Inc42 Media. 2020-10-01. Retrieved 2021-10-08.
- ^ Inc, Gartner. "Coralogix Reviews, Ratings, and Features - Gartner 2021". Gartner. Retrieved 2021-10-08.
{{cite web}}:|last=has generic name (help) - ^ user (October 2020). "Israel-based Coralogix Raises $25M in Series B Funding – MediaCatalyst". Retrieved 2021-10-08.
{{cite web}}:|last=has generic name (help) - ^ a b Ramarathinam, Ashwin (2021-07-29). "Coralogix raises $55 mn in Series-C funding to expand its footprint in India". mint. Retrieved 2021-10-08.
- ^ "Coralogix — News — Janvest Capital Partners". Janvest. Retrieved 2021-10-11.
- ^ Rawat, Mansi (2020-10-06). "Coralogix, An AI-Based Platform For Logs, Metrics, And Security, Raises $25M". MarkTechPost. Retrieved 2021-10-11.
- ^ CTech (2019-11-26). "Data Analytics Startup Coralogix Raises $10 Million". CTECH. Retrieved 2021-10-08.
- ^ "Coralogix raises $10 million to apply AI to software logs". VentureBeat. 2019-11-26. Retrieved 2021-10-08.
- ^ "Coralogix raises $25 million to parse software logs with AI". VentureBeat. 2020-09-30. Retrieved 2021-10-08.
- ^ Coulter, Martin. "Data analytics startup Coralogix used this 16-slide pitch deck to raise $142 million in a Series D funding round". Business Insider. Retrieved 2022-09-14.