QED Investors led a $80m Series C funding round in Hydrolix.

QED Investors, a venture capital firm, led an $80m Series C funding round in Hydrolix, a software company providing a streaming data lake platform, with participation from Blumberg Capital, Frontline Ventures, Pruven Capital, Sozo Ventures, Akamai, AV8 Ventures, Ericsson Ventures, Nava Ventures, Oregon Venture Fund, S3 Ventures, Uncorrelated Ventures and Wing Venture Capital. "This round will help extend Hydrolix availability to additional cloud platforms for the biggest security, observability, adtech and RUM platforms. We'll also expand the sources of data we ingest while giving customers the power to maintain existing interfaces and processes. Hydrolix is radically reducing the cost to store and apply analytics to our customers' valuable log data, and that's propelling our tremendous growth," Marty Kagan, Hydrolix Co-Founder and CEO.