Coralogix, the Israeli startup specializing in observability and security solutions, has successfully raised $115 million at a valuation exceeding $1 billion. This funding aims to grow its engineering team in India and develop its AI agent, Olly, which assists companies in navigating complex data challenges. As businesses increasingly rely on data, Coralogix seeks to streamline data analysis with Olly, which leverages both company metadata and external information to answer various queries, from feature frustrations to account management. Key features of Olly include anomaly detection and real-time alerts, supporting automated data observability.
Coralogix, an Israeli startup, aims to enhance observability and security in data handling, having raised $115 million to expand its AI capabilities and engineering presence.
With an AI agent named Olly, Coralogix integrates internal and external data to simplify complex data issues, making observability accessible to all employees through text prompts.
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