Note, Coralogix becomes the Fludges

CoraloxxAn Israeli starter company that provides a full observation and security platform, which raised $ 115 million in pre -money evaluation of more than one billion dollars, almost doubled in three years of The last round in 2022.

With the flow of criticism, the startup is looking to expand its engineering base in India and develop artificial intelligence agent.

NEWView Capital, NEWView Capital, which is taken from all shares and later series of all shares, is led by the participation of the Canada pension plan in Canada, Nextequity, which was founded by Avie Tevanian, Farid Anderson, former executive company in Apple.

Data monitoring has become increasingly important at the present time as more companies store data and benefit from them to take advantage of the benefits of artificial intelligence. However, every person at a time or resource company has no accuracy in a problem or an important decision based on their data flow. Coralogix aims to solve this challenge through the intelligence observation factor, olly.

The agent uses a semantic layer that includes internal data, including descriptive data, as well as external sources, such as information available on the Internet, to help companies understand complex issues, such as determining the causes of slow service or solving the most common system errors, using simple text claims.

The trainer to answer wider questions than just a mistake, the artificial intelligence agent can help customers if they want to know the advantage that causes customers in most of the frustration, or the amount that these customers pay, or who is their account representative who can work with them.

OLLY includes features such as detection of anomalies, access monitoring, and actual time alerts to automate data monitoring of customers. It was developed by the Coralogix Research Center of AI, which now aims to expand through its new capital.

In addition to the artificial intelligence agent, Coralogix provides observation and handrails to artificial intelligence companies, providing them with visions in performing their models, as well as the quality, security and governance of their responses. All this came through Aboria acquisition In December 2024.

“There is an opportunity for us, given the structure of our analysis to inquire about the costs and low costs. We will invest a lot there and build the greater artificial intelligence research center.”

The startup plans to take advantage of the Indian engineering base for its aspirations of artificial intelligence, with the aim of investing about $ 100 million in the country over the next five years. It is planned to invest to expand his office in Gurugram and employ more employees in Bangaluru and Mumbai to build engineering, research, development teams and customer success teams.

Of nearly 550 employees, Coralogix has about 250 people in Israel and 100 in India. It plans to double the Indian staff base over the next three years.

“Since we see just a really good attack between Israeli engineering culture and the culture of Indian engineering, it is a very skilled and independent game, very committed to the type of task of engineering that we see is very suitable for us to expand.”

The CEO said that the South Asian market is also the second largest market to start operating in terms of revenue and the base of users, with more than 100 customers, after the United States.

Indian companies such as postman, JuPite Money, Meesho, Bookmyshow, Bharatpe, Coindcx and Razorpay are among Coralogix customers. It also serves banks and institutions and looks forward to benefiting from the Indian government as its next large customer. Moreover, the startup company is looking to obtain Indian startups to expand their scope.

“We talked to a few Indian companies about potential integration and purchases, but nothing has already been fulfilled. This may be a very good and easy way for us to get a strong basic team and we are considering expanding our engineering,” Asarf told Techcrunch.

In June 2022, Coralogix collected $ 142 million in the D Series Join in AdvenT International and Brighton Park Capital. Since then, Assaraf said that the startup has seen 7x growth in its revenues, although it is not profitable yet.

The start -up, which is seen as a major competitor, aims to submit an application for US public subscription on the Nasdaq Stock Exchange within three years.

Asarf said: “Our goal is to build this new way of architecture, and analyze the query from the distance, this new way to share customers, these new geographical areas that we have invested now, as well as the experience of new artificial intelligence, how to monitor artificial intelligence and how artificial intelligence is used to monitor.” He added that after the progress of these fronts can be shown, the public subscription will be explored.

The last round has also witnessed the participation of current investors in Coralogix, including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, Og ​​Tech, Joule Capital Partners and Maor Investments.