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The company Bets Big in India for AI Innovation and Global Growth.
Israeli observability and security tech firm Coralogix has raised $115 million in a Series E funding round, pushing its valuation beyond $1 billion. The round was led by NewView Capital along with Canada Pension Plan Investment Board (CPPIB) and NextEquity, founded by ex-Apple executives. Existing investors, including Advent International, Brighton Park Capital, and Red Dot Capital Partners, also participated.
“We’re doubling down on India as a center for AI innovation and R&D. We plan to strengthen partnerships, boost hiring, and enhance our AI observability stack locally,” said Ariel Assaraf, CEO and Co-founder.
Israeli observability and security tech firm Coralogix has raised $115 million in a Series E funding round, pushing its valuation beyond $1 billion. The round was led by NewView Capital along with Canada Pension Plan Investment Board (CPPIB) and NextEquity, founded by ex-Apple executives. Existing investors, including Advent International, Brighton Park Capital, and Red Dot Capital Partners, also participated.
“We’re doubling down on India as a center for AI innovation and R&D. We plan to strengthen partnerships, boost hiring, and enhance our AI observability stack locally,” said Ariel Assaraf, CEO and Co-founder.
Coralogix will channel a significant portion of this investment into India, its fastest-growing market and now a strategic global hub. The company aims to scale operations in Gurgaon, Bangalore, and Mumbai, creating hundreds of high-skilled tech jobs in AI, data science, cloud security, and enterprise sales.
Coralogix’s Olly, a recently launched AI observability agent, is positioned to capture a growing slice of India’s booming observability market, projected to grow from $93.4M in 2023 to $280.3M by 2030. With rising data privacy regulations and cyber threats, Olly’s real-time monitoring, anomaly detection, and compliance tools are attracting sectors like BFSI, IT, Telecom, Logistics, and EdTech.
“This funding enables us to push the limits of AI-driven observability and elevate India’s tech ecosystem in the process,” said Yoni Farin, CTO.
“India’s talent is crucial to shaping the future of AI observability,” added Navdeep, President, APAC.
Coralogix’s Olly, a recently launched AI observability agent, is positioned to capture a growing slice of India’s booming observability market, projected to grow from $93.4M in 2023 to $280.3M by 2030. With rising data privacy regulations and cyber threats, Olly’s real-time monitoring, anomaly detection, and compliance tools are attracting sectors like BFSI, IT, Telecom, Logistics, and EdTech.
“This funding enables us to push the limits of AI-driven observability and elevate India’s tech ecosystem in the process,” said Yoni Farin, CTO.
“India’s talent is crucial to shaping the future of AI observability,” added Navdeep, President, APAC.
Indian tech leaders like Razorpay, Meesho, BookMyShow, CoinDCX, Delhivery, and Postman are already leveraging Coralogix for improved incident response and real-time visibility. Following its December 2024 acquisition of Aporia, Coralogix also launched the Coralogix AI Center, the first observability platform to provide performance, security, and governance insights into AI systems.
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