Founded 2014 by Ariel Assaraf and Yoni Farin (ex-Verint). $550M raised, $1.6B valuation. AI-native observability for 5,000+ customers. $150-200M ARR. 300 in Israel.
AI-native observability platform · Founded 2014 by Ariel Assaraf and Yoni Farin · HQ Boston, R&D Tel Aviv · $550M raised · $1.6B valuation (June 2026) · $150–200M ARR · 5,000+ customers including IBM, JFrog, Tradeweb · Olly AI agent · Competing with Datadog and Splunk.
Coralogix at a Glance
| Company | Coralogix Ltd. |
| Founded | 2014, Israel |
| Co-founders | Ariel Assaraf (CEO) · Yoni Farin (CTO) · Guy Kroupp · Lior Redlus (all ex-Verint) |
| Headquarters | Boston, Massachusetts |
| R&D center | Tel Aviv, Israel (~300 of ~600 employees) |
| Product | Full-stack AI-native observability — logs, metrics, traces, security, with streaming analytics and customer-owned storage |
| Total funding | $550M across 6 rounds |
| Valuation | $1.6B (Series F, June 2026) |
| Revenue | $150–200M ARR (60% growth, per CEO) |
| Customers | 5,000+ including IBM, JFrog, Tradeweb |
| Employees | ~600 (300 in Israel) |
| Status | Private · working toward profitability |
Assaraf and Farin: From Verint to Observability
The founding team — Ariel Assaraf (CEO), Yoni Farin (CTO), Guy Kroupp, and Lior Redlus — all came from Verint Systems, the Israeli enterprise intelligence company. At Verint, they worked on systems that ingest and analyze large volumes of operational data in real time — the same architectural challenge that observability platforms face. The founding insight was that legacy observability tools (Splunk, Elastic) were architecturally designed for an era of smaller data volumes, and that modern cloud-native applications generate orders of magnitude more telemetry data than these tools can cost-effectively process.
Coralogix was founded in 2014 in Israel with a thesis that a new observability architecture — built around streaming analytics, full-fidelity data ingestion, and customer-owned storage — could process all of an enterprise's telemetry data at a fraction of the cost of legacy tools, while delivering faster time-to-insight. The company underwent significant early-stage changes, including management and product restructuring, before achieving commercial traction.
The Product: Streaming-First Architecture
Coralogix's platform collects logs, metrics, and traces from enterprise software systems and processes them in a streaming pipeline — analyzing data as it arrives rather than after indexing, which is the approach used by Datadog and Splunk. This architectural difference matters because modern AI and cloud-native applications generate petabytes of telemetry data. Indexing all of it is prohibitively expensive; Coralogix's streaming approach lets customers analyze everything in real time while only indexing the subset they need for historical queries — reducing costs by 50–70 percent compared to fully indexed alternatives.
The company also differs from competitors in storage architecture: Coralogix supports customer-owned storage (the enterprise's own S3 buckets or cloud storage), meaning telemetry data never leaves the customer's environment. For regulated industries — fintech, healthcare, government — this is a structural differentiator.
Olly: The AI Observability Agent
In June 2025, Coralogix launched Olly — an AI agent that extends observability beyond engineering teams. Olly enables product managers, business leaders, and non-technical users to query operational data in natural language, getting real-time answers about system performance, incidents, and trends without navigating dashboards. The company claims Olly reduces time-to-resolution by 93 percent compared to existing methods. In 2024, Coralogix acquired Israeli AI startup Aporia, adding AI model monitoring and safety guardrails to the platform — enabling Coralogix to monitor the performance and accuracy of AI models in production, not just traditional software systems.
The Funding Trajectory
Coralogix raised $550 million across six rounds. Key milestones: $142 million Series D at approximately $900 million–$1 billion (June 2022, co-led by Advent International and Brighton Park Capital), $115 million Series E at over $1 billion (June 2025, led by NewView Capital, with CPPIB and NextEquity — unicorn status), and $200 million Series F at $1.6 billion (June 2026, co-led by CPPIB, Greenfield Partners, and Advent). The company's valuation increased 60 percent in twelve months (June 2025 to June 2026).
CEO Assaraf told Calcalist that Coralogix is operating at an annual revenue run rate of $150–200 million, reflecting roughly 60 percent growth. The company is working toward profitability over the next few years and does not currently expect to raise additional capital.
Coralogix in the Israeli Enterprise-Software Ecosystem
Coralogix competes directly with Datadog (NASDAQ: DDOG, ~$50B market cap) and Splunk (acquired by Cisco for $28B) — two of the largest enterprise-software companies in the world. The Israeli company's ability to compete at this scale is enabled by its architectural differentiation (streaming vs. indexing) and its cost advantage (customer-owned storage). Other Israeli companies in adjacent observability and monitoring categories include SentinelOne (security observability) and Anodot (AI analytics).
The founding team's Verint lineage connects Coralogix to one of Israel's most productive enterprise-software talent pools — Verint alumni have founded or led companies across security, analytics, and data infrastructure.
Frequently Asked Questions
Who founded Coralogix?
Ariel Assaraf (CEO), Yoni Farin (CTO), Guy Kroupp, and Lior Redlus, all former Verint employees, co-founded Coralogix in Israel in 2014.
What does Coralogix do?
Coralogix provides an AI-native observability platform that monitors logs, metrics, and traces for enterprise software systems — competing with Datadog and Splunk at a fraction of the cost.
How much has Coralogix raised?
$550 million across six rounds, reaching a $1.6 billion valuation in June 2026.
What is Coralogix's revenue?
$150–200 million ARR as of mid-2026, growing at approximately 60 percent year-over-year.
What is Olly?
Coralogix's AI agent that lets non-technical users query system data in natural language, reducing incident resolution time by 93 percent.
Is Coralogix an Israeli company?
Coralogix was founded in Israel and maintains its primary R&D center in Tel Aviv (~300 of ~600 employees). Headquarters are in Boston.
Who are Coralogix's competitors?
Datadog, Splunk (Cisco), Elastic, New Relic, and Grafana Labs in the observability and log-management space.
Primary Sources
Coralogix company announcements on Series D–F rounds. Calcalist/CTech reporting on $1.6B valuation and revenue (June 2026). Globes $200M Series F coverage. TechCrunch AI agent funding coverage (June 2026). Tech Funding News unicorn announcement (June 2025). Startup Fortune analysis. Tracxn and PitchBook funding data.
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