Coralogix Raises $115M, Expands AI and India Focus

Israeli data analytics and security platform Coralogix has raised $115 million in a Series E funding round led by NewView Capital, with participation from the Canada Pension Plan Investment Board and NextEquity, pushing its valuation above $1 billion. Coralogix will use a significant portion of this funding to expand operations in India, focusing on engineering, R&D, and customer-facing teams in sectors such as BFSI, IT, EdTech, and logistics. The company also launched 'Olly,' an AI agent designed to make its observability platform more accessible and support proactive, data-driven decision-making across enterprises. Coralogix's platform aims to democratize observability and enable users at all organizational levels to interact with complex telemetry data. The firm, now employing hundreds globally, plans to leverage the new funding for further global expansion and advancements in AI observability and compliance-focused markets. Coralogix's Indian clients include Postman, Meesho, and Razorpay.