Israeli Data Analytics Platform Coralogix Reaches Unicorn Status


Coralogix, an Israeli data analytics platform, has achieved unicorn status following a substantial increase in its valuation during its latest funding round. The platform has effectively doubled its valuation, now surpassing $1 billion, as confirmed by Co-founder and CEO Ariel Assaraf in a recent interview.
Key Takeaways
Coralogix has raised $115 million in a funding round led by NewView Capital, a California-based venture growth firm. This influx of capital allows Coralogix to expand its offerings, including the debut of an AI agent designed to enhance data analytics capabilities.