Coralogix Raises $55M in Series C Funding
- 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
- The company 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
