Israel’s Coralogix Raises $115 Million to Accelerate India Expansion
Israel-based cybersecurity and observability firm Coralogix has raised $115 million in a Series E funding round, boosting its valuation to over $1 billion. The round was led by NewView Capital, with participation from the Canada Pension Plan Investment Board and NextEquity Partners. Existing investors including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, and others also participated in the round.
The company plans to channel the new capital into strengthening its operations in India, particularly by expanding its Gurugram office and hiring across Bengaluru and Mumbai. Key focus areas for recruitment include data science, AI, customer engineering, and enterprise sales.
Also Read:- MakeMyTrip to Raise $2.5 Billion to Halve Trip.com’s Stake
The expansion targets key Indian sectors such as banking and financial services (BFSI), IT, telecom, logistics, and edtech, where demand for real-time data observability and cybersecurity solutions is on the rise.
Coralogix offers a full-stack platform that delivers observability across logs, metrics, tracing, and security. Its pricing model, based on data volume rather than infrastructure usage, has found favour among cost-conscious enterprises. The company is known for enabling rapid detection and resolution of performance and security issues.
Also Read:- Razorpay Acquires Majority Stake in POP with $30 Million Investment
With a growing list of Indian clients including Postman, Meesho, BookMyShow, Razorpay, CoinDCX, BharatPe, and Delhivery, Coralogix sees India as a high-growth market. The company is also set to launch ‘Olly,’ its AI-powered observability assistant, designed to help enterprises identify incidents, troubleshoot faster, and meet compliance obligations.
This investment follows Coralogix’s acquisition of Aporia in December 2024 and the launch of its AI Center focused on enterprise-grade performance, security, and governance.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
