June 17, 2025:
Coralogix Secures $115M to Launch AI Tool Olly - Coralogix raised $115 million in a Series E funding round, led by NewView Capital, to advance its AI-powered observability platform and introduce olly, an AI agent for nontechnical users. This round boosted Coralogix's valuation beyond $1 billion. Olly aims to simplify observability by guiding users with insights and suggestions to solve IT issues, supporting both nontechnical and technical users.
The tool enhances decision-making and productivity. Recent innovations, such as the Coralogix AI Center and Continuous Profiling, emphasize the company's commitment to pioneering observability solutions.
