Reported about 8 hours ago
Data analytics startup Coralogix has seen its valuation nearly double to over $1 billion following a recent funding round led by NewView Capital, which raised $115 million. Despite increasing revenue and a significant focus on AI integration, Coralogix remains unprofitable, with most of its revenue allocated to R&D. The company aims to enhance its AI capabilities and recently introduced an AI agent named 'olly' to streamline data monitoring.
Source: YAHOO