From Tel Aviv to Tech Hubs of India: Coralogix Raises $115M Series E, Doubles Down on India Expansion

In a bold move signaling its deepening roots in India’s digital landscape, Israel-based cybersecurity and observability powerhouse Coralogix has raised a $115 million Series E round, officially entering the unicorn club with a valuation north of $1 billion.

The round was led by NewView Capital, with strong backing from Canada Pension Plan Investment Board and NextEquity. All existing investors—including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital, O.G. Tech, Joule Capital, and Maor Investments—also participated, reinforcing their belief in Coralogix’s long-term vision.

But this isn’t just another funding headline—it’s a commitment to India.

Coralogix plans to expand its office in Gurugram while also scaling up hiring in Bengaluru and Mumbai, targeting talent in AI, data science, customer engineering, and enterprise sales. Their aim? To support mission-critical sectors like BFSI, telecom, IT, logistics, and edtech—all of which are experiencing an inflection point in observability and compliance needs.

“India is no longer just a market—it’s where the future of enterprise tech is being built,” a Coralogix representative shared.

Already trusted by Indian tech giants such as Postman, Meesho, BookMyShow, Razorpay, CoinDCX, BharatPe, and Delhivery, Coralogix provides a full-stack observability platform that simplifies application performance, real-user monitoring, and security—pricing it all by data volume.

What’s next? Coralogix is gearing up to launch Olly, a new AI observability tool designed to help businesses detect and resolve issues faster while navigating increasingly complex compliance environments.

This follows its December 2024 acquisition of Aporia and the launch of the Coralogix AI Center, which focuses on enterprise-grade performance, governance, and security.

With fresh capital, a unicorn badge, and an India-first growth strategy, Coralogix isn’t just observing the future—it’s engineering it.

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