Reported about 2 months ago
Cribl Inc., a data infrastructure startup, has successfully raised $200 million in its latest funding round, boosting its valuation to $3.5 billion. The company, which aids businesses in organizing data for IT and security purposes, has garnered significant interest from investors, despite not focusing exclusively on AI. With clients including a quarter of the Fortune 500, Cribl has accumulated $600 million in total funding since its inception in 2018 and aims to achieve cash flow positive status by 2025.
Source: YAHOO