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capital · May 20, 2026

Coralogix Secures $115M to Scale AI-Driven Observability and Launch Agentic Assistant Olly

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Coralogix raised $115 million in Series E funding on June 17, 2025, crossing the $1 billion valuation mark while launching Olly, an AI assistant for observability insights. The round was led by NewView Capital with participation from Canada Pension Plan Investment Board and NextEquity. Olly enables nontechnical users to explore the full power of Coralogix's platform for production questions and root cause analysis. The funding supports continued product innovation and go-to-market expansion including rollout of Olly across industries. Coralogix has surpassed $1 billion valuation fueled by rapid customer growth.

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