AI Observability Funding
Coralogix Secures $200M Series F Funding at $1.6 Billion Valuation for AI Observability
Coralogix, a Boston-headquartered observability and AI platform founded in Israel, raised a $200 million Series F co-led by Advent and CPPIB, with Greenfield Partners and Brighton Park Capital participating, bringing total funding to $550 million and valuing the company at $1.6 billion post-money. The company said demand is rising as AI applications and agentic software generate far more complex telemetry, requiring an “intelligence layer” for monitoring, troubleshooting, and incident response. Coralogix operates in India as well, has about 100 employees there, and counts customers including Kotak Mahindra Bank and JioStar, alongside IBM, Tradeweb, and JFrog. The round comes about 11 months after its Series E, and the company said less than 10% of proceeds will be used for a secondary sale, with most going to its balance sheet. Coralogix plans to invest further in security research teams in India and Israel while expanding expert services, and CEO Ariel Assaraf said competition is shifting toward foundational infrastructure and platform resilience.
Key Points
Advent partner Alek Ferro said the company built “a platform designed for the scale, speed and complexity of the agentic era,” arguing that “observability is quickly evolving into a core layer of business intelligence.”
In India, Coralogix reported growth of “50 per cent year-on-year” and said it works with partner Onnivation, which has collaborated with the company for “the past eight years.” The company also has an established India entity and a data centre in the country.
TechCrunch reported Coralogix’s platform helps companies by collecting and analyzing operational data “such as logs, metrics, and traces,” and said it is used by “more than 5,000 customers worldwide,” including IBM, Tradeweb and JFrog.
In an interview with Calcalist, CEO Ariel Assaraf said Coralogix is operating at an annual revenue run rate of “$150-$200 million,” reflecting “roughly 60% growth” since its previous funding round, with “tens of millions of dollars” added each quarter.
Assaraf also argued that recent tech layoffs are “temporary adjustments,” saying “demand for engineers will ultimately increase” as AI tools improve productivity and expand the scope of technical work.
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