capital · May 20, 2026
Coralogix Raises $115M Series E and Launches Olly AI Observability Agent
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Coralogix raised $115 million in a Series E funding round on May 19, 2026, achieving unicorn status with a valuation exceeding $1 billion. The Boston-headquartered company simultaneously launched Olly, an AI agent designed to make system-wide observability insights accessible to non-engineering teams across enterprises. The round was led by NewView Capital with participation from CPPIB and NextEquity. Coralogix will use the funds to accelerate global rollout of Olly and ongoing product development for its AI-powered observability platform. The launch follows rapid customer growth and rising demand for intelligent scalable observability.
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