Israeli observability platform Coralogix has announced a fresh funding round of $115 million, propelling its valuation beyond the $1 billion mark. The funding was led by NewView Capital, with participation from CPPIB and NextEquity Partners.
With this milestone, Coralogix is set to scale its operations in India, focusing on bolstering AI capabilities and expanding its workforce in tech hubs like Gurgaon, Bangalore, and Mumbai.
“With this round, we aim to expand our Indian presence significantly, including building cutting-edge AI capabilities, deepening partnerships, and creating additional high-value tech jobs,” said Ariel Assaraf, CEO and co-founder of Coralogix.
The company’s Gurgaon office is poised to become a central hub for AI research and product innovation, with plans to generate hundreds of skilled tech roles over the next five years.
Currently collaborating with major Indian tech companies such as Meesho, Postman, and Razorpay, Coralogix is now targeting new sectors including banking, telecom, logistics, and edtech.
“This investment in India will not only create world-class capabilities but also contribute to the local tech ecosystem,” added Navdeep Manaktala, co-founder of Snowbit and APAC president at Coralogix.
The funding follows Coralogix’s acquisition of AI monitoring firm Aporia in 2024 and the launch of the Coralogix AI Center. The company is also advancing its AI agent, Olly, designed to deliver real-time system insights and bolster security.
“This funding round validates our momentum and helps us push the boundaries of AI-driven observability,” CTO Yoni Farin said.
