The Week that Was: Indian Startup News Overview (16th June - 22nd June)
2.Funding News: Coralogix Raises $115 Million, Becomes Unicorn with Big India Push
Startup: Coralogix
Founder: Ariel Assaraf, Guy Kroupp, Lior Redlus
About us: Coralogix is an Israel-based observability platform that leverages machine learning to provide real-time insights from logs, metrics, and traces helping companies proactively identify issues and reduce downtime. The platform is widely used for DevOps, security, and infrastructure monitoring.
Founded Year: 2015
Office: Global HQ in Tel Aviv; Expanding strongly in India
Sector: Enterprise SaaS / Observability / DevOps
Funding Round: Series D
Investors: New York-based Brighton Park Capital, Greenfield Partners, Red Dot Capital Partners, O.G. Tech, StageOne Ventures
Coralogix, a security and observability platform based in Israel, has secured $115 million in a Series E funding round, taking its valuation over $1 billion and into unicorn status. The round was headed up by NewView Capital, with support from the Canada Pension Plan Investment Board, NextEquity (started by former Apple executives), and current investors such as Advent International, Brighton Park Capital, and Greenfield Partners, among others.
A significant portion of this funding will be directed toward India, one of Coralogix’s top three global markets. The company plans to strengthen its footprint across sectors such as BFSI, IT & telecom, logistics, and edtech.
Website: https://coralogix.com

