Cribl raises $150M to beat back rival observability tools – TechCrunch

Funding Rounds

Summary

In software development, observability refers to keeping watch over all of an app’s components, from mobile and web clients to backend infrastructure. Given how critical this sort of visibility into a system can be for developers, not to mention a broader organization, it’s unsurprising that tools to help achieve greater observability remain in high demand. Available in private beta with customer sign-ups beginning May 24, Cribl Search can perform queries on data at the edge, in flight (i.e. in actively moving from one location to another), in a centralized repository or within existing toolks like Splunk or Elastic. Data from unbiased (i.e. non-vendor) sources are hard to come by, but in a poll recently published by cloud optimization startup Yotascale, nearly a quarter of companies said that they were considering making changes to their observability practices as infrastructure costs rise. “Observability allows businesses to understand how their systems are performing, the details of specific customer interactions (e.g. when they opened an app, what dropdowns they clicked, if they received an error, etc.

$ Funding

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Amount $150.0M Total raised
Date May 24, 2022 Announcement date
Investors Gartner, Agility PR Solutions, New Relic, Assentive Solutions Lead investors
Company http://www.cribl.io Funded company

AskAI Classifications

Sectors
Media and Entertainment Telco and ISP General Media and Entertainment
Functions
Developer and IT Infrastructure Application Management Development Utilities

Linked Companies

Agility PR Solutions
$10M to $25M
New Relic
$100M to $250M
Cribl, Inc.
$100M to $250M
MediaMiser
$1M to $5M
Opsmatic
$1M to $5M