Coralogix raises $200M on bet that someone needs to watch the AI agents
Coralogix, a software monitoring startup, has raised $200 million in a Series F funding round, reflecting the growing demand for tools to manage AI-driven software systems. The company, valued at $1.6 billion post-money, aims to enhance its AI-focused products and expand globally. With over 5,000 customers, Coralogix is adapting to the shift towards AI agents in the observability industry.
- ▪Coralogix has raised a total of $550 million to date.
- ▪The startup's revenue grew by more than 60% over the past year.
- ▪More than half of Coralogix's enterprise customers now use AI models to interact with their platform.
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Coralogix, a Boston-headquartered software monitoring startup founded in Israel, has raised $200 million in a new funding round, betting that the rise of AI agents will drive demand for a new generation of tools to monitor, troubleshoot, and manage increasingly autonomous software systems. The Series F financing comes just 11 months after Coralogix raised $115 million in a Series E round, a pace that reflects just how quickly investor appetite for AI infrastructure companies has accelerated. The new round values the startup at $1.6 billion post-money and was led by Advent and the Canada Pension Plan Investment Board (CPPIB), with participation from Greenfield Partners and Brighton Park Capital. The company has now raised a total of $550 million to date.
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