Funding round
Coralogix Series D
Coralogix, which works in observability platform development in Ramat Gan, raised $142M in a Series D round announced on 1 Jun 2022, led by Advent International and Brighton Park Capital. 9 firms took part, 6 of them already investors. It is Coralogix's fourth venture round on record; the one before was a Series C in Jul 2021.
$142M
Amount raised
Not disclosed
Post-money valuation
9
Investors
2 leads
Valuation
What this round says about the price
Coralogix did not disclose a valuation in this round. It came 11 months after Coralogix's Series C. It is 26% of the $547M Coralogix has raised in the venture rounds on record. Coralogix raised again 36 months later: a Series E round of $115M in Jun 2025, at $1.00B post-money.
Coralogix's funding rounds
Coralogix has 6 venture rounds on record. This one is highlighted.
- Series A 26 Nov 2019, led by Aleph $10M
- Series B 30 Sep 2020, led by Red Dot Capital Partners and O.G. Venture Partners $25M
- Series C 29 Jul 2021, led by Greenfield Partners $55M
- Series D this round 1 Jun 2022, led by Advent International and Brighton Park Capital $142M
- Series E 17 Jun 2025, led by NewView Capital $115M$1.00B post-money
- Growth 3 Jun 2026 $200M$1.60B post-money
Investors
Who put money in
Advent International and Brighton Park Capital led the round with 7 other firms. Greenfield Partners, Red Dot Capital Partners, O.G. Venture Partners and StageOne Ventures and 2 more had backed Coralogix before.
Lead investors
- Advent International backs 36 venture-backed companies new investor
- backs 25 venture-backed companies new investor
Also in the round
- backs 19 venture-backed companies new investor
- backs 25 venture-backed companies existing investor
- backs 23 venture-backed companies existing investor
- backs 13 venture-backed companies existing investor
- backs 31 venture-backed companies existing investor
- Joule Capital Partners existing investor
- backs 20 venture-backed companies existing investor
Joined the board: Alek Ferro (Advent International) and Mike Gregoire (Brighton Park Capital).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
195 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.4 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 13 Jun 2022 | $161M | $500M | PSG |
| Aidoc Tech Companies | 16 Jun 2022 | $110M | not disclosed | Technology Crossover Ventures and Alpha Intelligence Capital |
| Tech Companies | 1 Jun 2022 | $106M | not disclosed | SoftBank Vision Fund |
| Tech Companies | 1 Jun 2022 | $101M | not disclosed | SoftBank Vision Fund |
| Tech Companies | 28 Jun 2022 | $90M | not disclosed | Generation Investment Management |
| Tech Companies | 28 Jun 2022 | $65M | $1.70B | Salesforce Ventures and Battery Ventures |
| Tech Companies | 14 Jun 2022 | $50M | not disclosed | Delta-v |
| Whatnot Tech Companies | 1 Jul 2022 | $260M | $3.70B | DST Global and CapitalG |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Coralogix raise in its Series D round?
Coralogix raised $142M in its Series D round, announced in Jun 2022.
Who led Coralogix's Series D round?
Advent International and Brighton Park Capital led it, with Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Venture Partners and StageOne Ventures and 2 more.
What was Coralogix's valuation at the Series D round?
It was not disclosed.
How does it compare with other Series D rounds in Tech Companies?
195 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.4 times the median.
Did Coralogix raise again after this round?
Yes: a Series E round in Jun 2025 of $115M at $1.00B post-money.