Announcing our $55M Series C Round Funding to further our storage-less data vision

Coralogix has announced it raised $55 million in Series C funding to enhance its stateful streaming analytics platform, Streamaⓒ, and further its storage-less data vision. This funding will be used to expand the company's R&D teams and platform capabilities, allowing real-time and long-term data analysis without storing the data, thereby addressing challenges associated with the rapid growth of data. Streamaⓒ, which optimizes total cost by allowing customized data routing and storage, has enabled significant savings for large clients, encouraging them to increase data integration for improved observability. Coralogix aims to establish a data-less data platform that provides powerful analytics without concerns about data quotas, retention, or throttling, all while maintaining privacy and compliance. This funding round was led by Greenfield Partners, with continued support from existing investors, and positions Coralogix to aggressively pursue its ambitious goals in the coming quarters.

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