Overview

• The Series E funding round was led by NewView Capital with participation from the Canada Pension Plan Investment Board, NextEquity and existing investors.
• Coralogix plans to invest about $100 million in India over the next five years to expand its engineering base and open new offices in Gurugram, Bengaluru and Mumbai.
• The company will expand its AI research center to advance Olly, its observability agent that uses semantic-layer technology to diagnose system issues via simple text prompts.
• Since its Series D in June 2022, Coralogix has achieved sevenfold revenue growth but remains unprofitable as it targets a Nasdaq IPO in three years.
• India represents its second-largest market with over 100 enterprise customers after the U.S., following its December 2024 acquisition of AI observability innovator Aporia.