Coralogix Raises $115M, Becomes Unicorn & Launches AI Agent “olly”

Coralogix, the Israel- and US-based observability and data analytics startup, has officially joined the unicorn club after raising $115 million in a Series D funding round. The round, led by NewView Capital, pushes the company’s valuation well past the $1 billion mark, doubling its previous valuation. The announcement also comes with a major product reveal: the launch of “olly”, an AI-powered monitoring agent poised to redefine real-time observability across cloud-native environments.

🔍 Company Overview

💸 Recent Funding Round Breakdown

• Round Type: Series D
• Amount Raised: $115 million
• Lead Investor: NewView Capital
• Other Participants: Greenfield Partners, Red Dot Capital Partners, StageOne Ventures, Maor Investments, O.G. Tech, and Janvest Capital Partners.
• Previous Funding Total: ~$96 million (prior to Series D)
• Total Funding (to date): ~$211 million

🤖 Meet “olly” – Coralogix’s AI Monitoring Agent

The star of this funding announcement is “olly”, a cutting-edge AI observability agent that uses real-time ML and contextual awareness to autonomously detect, prioritize, and resolve anomalies in cloud systems.

Key Capabilities of olly:

• Continuous AI-driven anomaly detection
• Pattern recognition across logs, metrics, and traces
• Predictive alerting for potential failures
• Integration with existing DevOps and APM stacks

This positions Coralogix as a forward-thinking player in AI-native observability, directly challenging leaders like Datadog, Splunk, and New Relic.

📈 Market Opportunity and Growth

The global observability and AIOps market is expanding rapidly, driven by the rise in multi-cloud architectures, containerization (Kubernetes), and DevSecOps adoption. According to MarketsandMarkets, the observability tools market is projected to grow from $2.4 billion in 2023 to over $8 billion by 2030, at a CAGR of 18.9%.

Coralogix already services over 10,000 active accounts globally, including top-tier companies like Monday.com, Masterclass, Payoneer, and KFC. With its growing suite of AI-enabled observability tools, it’s well-positioned to gain further market share.

🧠 Leadership Insight

Ariel Assaraf, CEO and co-founder, stated:

“Coralogix has always been about pushing the boundaries of what’s possible in observability. With olly, we’re taking a leap into autonomous monitoring—eliminating noise and reducing MTTD and MTTR for teams of all sizes.”

The leadership’s focus remains centered on cost-effective observability, helping customers reduce data indexing, streamline alert fatigue, and enhance system resilience.

🆚 Competitive Advantage

Coralogix’s index-free approach significantly cuts storage costs—often by 40-70%—compared to traditional solutions like Splunk.

🚀 Future Plans and Scope

Following this funding, Coralogix aims to:

• Expand its global data centers in North America, Europe, and Asia
• Integrate olly across its full observability stack
• Deepen its security intelligence capabilities (SIEM-lite features)
• Strengthen support for serverless architectures, Kubernetes, and IoT systems

📊 Summary: Why Coralogix Matters

• ✅ Unicorn milestone achieved with $115M Series D
• 🤖 AI-native agent “olly” transforms observability
• 💡 Fastest-growing index-free observability platform
• 🌐 Trusted by major enterprises worldwide
• 📈 Positioned for aggressive expansion in the AIOps-driven future

🧾 FAQs

Keep Reading:

• GDI Secures $11.5M to Revolutionize EV Charging with Silicon Anode Battery Tech
• AndrenaM Raises $10M to Build AI Sonar Mesh for Underwater Surveillance
• Pano AI Raises $44M Series B to Protect 30M Acres with AI Wildfire Detection
• The Rise of the Social Enterprise: How to Build a Business That Does Good and Does Well
• Industry 4.0: What It Means for Your Startup