Coralogix has raised $115 million in a Series E funding round, reaching a valuation of over $1 billion, marking a significant milestone in its decade-long journey from a log-tracking startup to a leader in observability. The company is now focusing on expanding into the AI space, having acquired the AI observability platform Aporia and launched the Coralogix AI Center in 2025. A key innovation is Olly, an AI agent designed to enhance observability by providing real-time insights and answers, bridging the gap between technical and non-technical teams, and enabling faster, more informed decision-making across enterprises. This development highlights a shift in observability from a technical resource to a strategic business asset, with Coralogix set to accelerate the deployment of AI-driven observability solutions globally, driven by rapid customer growth and increased demand.