India in Focus: Coralogix’s $115M Round to Drive Local Innovation

June 17, 2025: Coralogix, a company focused on observability and security tools for enterprise systems, has raised $115 million in a new funding round to strengthen its operations in India. The company says the investment will help grow its workforce, enhance product offerings tailored to local industries, and upgrade data infrastructure to meet compliance requirements.

This funding round, which is Series E, values the company at over $1 billion. It reflects growing interest in platforms that help businesses monitor and secure their software systems in real time.

India is already one of Coralogix’s top three global markets, and the company plans to increase its efforts across several sectors, including finance, IT, telecom, logistics, and education. The expansion will involve increasing staff in Bengaluru and Mumbai and growing its office in Gurugram. Hiring will focus on roles in cloud security, enterprise sales, engineering, data science, and customer support.

Coralogix to Boost Tech Jobs and Infrastructure

“India plays a key role in our long-term strategy,” said Ariel Assaraf, CEO and Co-founder of Coralogix. “This investment will allow us to build locally focused tools and create more opportunities in high-value tech roles.”

Coralogix also plans to improve its infrastructure based on AWS in Mumbai to support faster and more compliant data services, particularly for regulated industries like banking and healthcare. The company works with several Indian companies, including Razorpay, Meesho, BookMyShow, and CoinDCX.

The announcement follows Coralogix’s acquisition of Aporia, a company that builds tools for monitoring artificial intelligence systems. With this deal and the new funding, Coralogix plans to advance its AI observability platform, known as AI Center, which aims to provide better insights into the security and performance of AI tools.

The Indian observability market is expected to triple in value by 2030, and Coralogix is positioning itself to lead in that growth. The company is also exploring more local partnerships, especially with cloud providers, to reach a wider enterprise audience.

The Series E round was led by NewView Capital, a venture growth firm based in California. Other investors included the Canada Pension Plan Investment Board and NextEquity, which was founded by former Apple executives. Existing investors Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Tech, Joule Capital Partners, and Maor Investments also took part.

With this funding, Coralogix is looking to build stronger local capabilities in India and contribute to the broader technology ecosystem.

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