Coralogix, an Israel- and Boston-based observability platform, has raised $200M in Series F funding led by Advent International and CPP Investments. The platform delivers real-time in-stream analytics across logs, metrics, traces, security, and AI workloads without indexing or sampling, storing data directly in the customer's cloud. The capital will scale its AI-native observability backbone amid rising enterprise AI adoption.
Observability Spend Rises With AI Agents
The timing comes amid accelerating enterprise spend on monitoring AI systems. Cribl surpassed $300M ARR in February 2026 after a $319M Series E. Snowflake acquired Observe for AI-powered observability in February 2026. Coralogix's approach — full-fidelity streaming without sampling and customer-owned data lakes — addresses the gap between legacy dashboard tools and agent-driven workflows.
High-Volume Telemetry Overwhelms Traditional Tools
Enterprises face exploding data volumes from microservices and AI agents. The observability market stands at $3.35B in 2026 and is projected to reach $6.93B by 2031 at a 15.62% CAGR, according to Mordor Intelligence. Gartner predicts 40% of organizations deploying AI will adopt dedicated AI observability by 2028. Sampled or indexed data limits the ability of AI agents to investigate and reason over production systems.
Streaming Analytics With Customer-Controlled Data
Coralogix built its platform around complete data ingestion in open formats stored in the customer's own cloud. This eliminates lock-in and cardinality costs while enabling unlimited users and sources. Its Olly conversational AI agent and new CLI allow natural language or token-efficient queries suited for AI agents rather than human dashboards.
As CEO Ariel Assaraf noted:
"AI agents can't investigate, reason, or operate production systems on sampled data."
The architecture was designed for agentic workloads from the start, unlike retrofitted competitors.
Growth Equity Validates AI Infrastructure Bet
Advent International, CPP Investments, Greenfield Partners, and Brighton Park Capital participated. Advent brings experience scaling vertical SaaS and infrastructure platforms, while CPP Investments adds long-term institutional backing. The round follows $115M Series E in 2025 and brings total funding to $550M, signaling conviction in observability as core AI infrastructure.
AI Workloads Drive 15.6% CAGR Market Growth
The $3.35B observability market is expanding at 15.62% CAGR to $6.93B by 2031. Key competitors include Datadog (public with recent secondary raise), Dynatrace (public), and Cribl ($319M Series E in 2024 reaching $300M+ ARR). Structural shifts include hyperscaler consolidation via Snowflake's Observe acquisition and resilient budgets, with 96% of organizations maintaining or increasing observability spend.
Coralogix differentiates through AI-first interfaces and zero-sampling economics as enterprises move from dashboards to agentic operations.