USA – Coralogix, a San Francisco, CA-based Log Analytics platform that empowers teams to autonomously manage and analyze data in cloud applications raised $25m in Series B funding round.
The round, which brought the total amount raised to $41.2m, was led by new investors Red Dot Capital Partners and O.G. Tech Ventures (backed by Eyal Ofer) with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital partners and Roy Oron of O.G. Tech Partners will join the board of directors.Led by Ariel Assaraf, CEO and co-founder, Coralogix provides a machine learning platform that enables users to improve their stability, and accelerate their version delivery without paying for the noise their systems generate. The company also announced today the launch of ‘Streama’, its real-time analytics solution able to offer queries, alerts, and its ML capabilities without the use of storage. Thousands of companies including Masterclass, Monday.com, BookMyShow, Postman, and PayU use it to power their businesses. 01/10/2020
