Coralogix raises $200 million in Series F to build AI-focused monitoring tools as enterprises deploy autonomous software agents

Coralogix, a Boston-headquartered software monitoring startup, raised $200 million in Series F funding led by Advent and the Canada Pension Plan Investment Board (CPPIB), valuing the company at $1.6 billion post-money. The round came 11 months after a $115 million Series E and brings total funding to $550 million.

More than half of Coralogix's enterprise customers now use either its AI agent Olly or their own AI models through command-line and agentic interfaces to investigate incidents and query operational data, a shift from traditional dashboard interactions. The company grew revenue by more than 60% over the past year and now counts about 30 customers spending more than $1 million annually.

Coralogix provides software monitoring by collecting and analyzing operational data such as logs, metrics, and traces—a continuous record of what a software system is doing. The funding will be used to accelerate investment in AI-focused products, security offerings, and global expansion as demand rises for tools that can monitor AI agents and troubleshoot their failures in production.