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Announced

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Advent International and Brighton Park Capital led a $142m Series D funding round in Coralogix.

Synopsis

Advent International, a private equity firm, and Brighton Park Capital, an investor-centric investment firm, led a $142m Series D funding round in Coralogix, a developer of a log analytics platform, with participation from Revaia Ventures, Greenfield Partners, Red Dot Capital Partners, OG Tech, StageOne Ventures, Joule Capital Partners and Maor Investments. "Coralogix is an established leader in the modern observability market and is differentiated by its product, mission, and vision. We are confident that Coralogix's unique data streaming architecture and analytics pipeline will continue to transform the category through its ability to provide superior monitoring coverage, insights, and results while yielding significant cost savings. We're thrilled to partner with the Coralogix management team as they continue to build on this momentum," Alek Ferro, Advent Director.

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