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Coralogix

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SaaS platform
Coralogix
Type of businessPrivate
Type of siteContent Management and File sharing
HeadquartersCalifornia, U.S.
Key people
  • Ariel Assaraf, CEO
  • Yoni Farin, CTO
  • Matt Handler, COO & President
  • Lior Redlus, Data Science Officer
URLwww.coralogix.com
Launched2014

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. It was founded in 2014 by Guy Kroupp, Ariel Assaraf, and Lior Redlus and has its headquarters in California, United States.

History

Coralogix was founded in 2014 by Ariel Assaraf, Guy Kroupp, and Lior Redlus in Tel Aviv, Israel. Later, Kroupp exited the company and Yoni Farin joined as a co-founder in 2017. Matt Handler joined in 2018 as the president and chief operating officer (COO).

In 2016, Coralogix graduated from the Microsoft Accelerator in Tel Aviv.

In 2020, it released its Streama technology. The same year, it expanded in India to provide businesses with data storage capabilities using Amazon Web Services (AWS) regional support. It was also recognized as a 2020 Cool Vendor in Performance Analysis by Gartner and grew to 10 million users by the end of the year.

By September 2021, Coralogix had raised $96.2 million in investment from over ten investors.

Investments

In 2014, Coralogix raised Pre-Seed funding from Nimrod Cohen, followed by a $1 million in a Seed funding round led by Janvest Capital Partners.

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.

In 2019, it raised $10 million in a Series A round from Aleph Venture Capital, 2B Angels, Janvest Capital Partners, and StageOne Ventures.

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.

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.

In 2022, it raised $142 million in a Series D funding round, led by private equity giant Advent International, alongside Brighton Park Capital.


References

  1. "Biometrics firm fights monitoring overload with log analytics". SearchITOperations. Retrieved 2021-10-11.
  2. "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.
  3. Orbach, Meir (2021-07-29). "Coralogix raises $55 million Series C to expand data platform". calcalistech.com. Retrieved 2021-10-11.
  4. "Coralogix raises $55 m in Series C round led by Greenfield Partners". @businessline. 29 July 2021. Retrieved 2021-10-11.
  5. "Coralogix raises $25M using ML to turn log analytics into useful insight". Geektime. 2020-09-30. Retrieved 2021-10-08.
  6. ^ "Bizzabo: "Globes" most promising 2020 Israeli startup". Globes. 2020-08-12. Retrieved 2021-10-08.
  7. FinSMEs (2019-11-26). "Coralogix Raises $10M in Series A Funding". FinSMEs. Retrieved 2021-10-08.
  8. yilanhu. "Global Startup Roadshow Profile: Coralogix, Microsoft Accelerator Graduate". startups.microsoft.com. Retrieved 2021-10-08.
  9. "Microsoft Accelerator Turns 5, Check Out The 15 Startups From This Year's Roadshow". StartUp Beat. 2017-06-09. Retrieved 2021-10-08.
  10. 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.
  11. "AI Log Analytics Startup Coralogix Closes $55M Funding Round". NoCamels. 2021-08-01. Retrieved 2021-10-08.
  12. "Israel-Based Coralogix Bags $25M To Expand Its Log Analytics Solutions In India". Inc42 Media. 2020-10-01. Retrieved 2021-10-08.
  13. Inc, Gartner. "Coralogix Reviews, Ratings, and Features - Gartner 2021". Gartner. Retrieved 2021-10-08. {{cite web}}: |last= has generic name (help)
  14. user (October 2020). "Israel-based Coralogix Raises $25M in Series B Funding – MediaCatalyst". Retrieved 2021-10-08. {{cite web}}: |last= has generic name (help)
  15. ^ Ramarathinam, Ashwin (2021-07-29). "Coralogix raises $55 mn in Series-C funding to expand its footprint in India". mint. Retrieved 2021-10-08.
  16. "Coralogix — News — Janvest Capital Partners". Janvest. Retrieved 2021-10-11.
  17. Rawat, Mansi (2020-10-06). "Coralogix, An AI-Based Platform For Logs, Metrics, And Security, Raises $25M". MarkTechPost. Retrieved 2021-10-11.
  18. CTech (2019-11-26). "Data Analytics Startup Coralogix Raises $10 Million". CTECH. Retrieved 2021-10-08.
  19. "Coralogix raises $10 million to apply AI to software logs". VentureBeat. 2019-11-26. Retrieved 2021-10-08.
  20. "Coralogix raises $25 million to parse software logs with AI". VentureBeat. 2020-09-30. Retrieved 2021-10-08.
  21. 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.
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