Coralogix scores $142m in Series D raise

Coralogix, a data analytics firm, has closed a $142m Series D round that was co-led by Brighton Park Capital and Advent International.

The round also included participation from Revaia Ventures, Greenfield Partners, Red Dot Capital Partners, O.G Tech, Joule Capital Partners, Maor Investments and StageOne Ventures. Following the round, Coralogix has now raised a total of $238m.

Founded in 2015, Coralogix claims it is rebuilding the path to observability using a real-time streaming analytics pipeline that provides monitoring, visualization, and alerting capabilities without the burden of indexing.

The platform can be used for log management and analytics, infrastructure and application metrics, data tracing and security. For security, the platform provides threat detection, incident response and posture and vulnerability assessment capabilities.

Coralogix claims it has more than 2,000 customers with 10,000 DevOps and security engineers using its products.

The firm claims it will use the investment to expend its R&D, product and go-to-market teams around the world.

DefenseStorm, a provider of cloud-based cybersecurity, compliance and fraud technology, has raised $15m from a Series C financing round.

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