Venture Capital News: Cribl Scoops Up $150M Series D Round
2022-05-24
SAN FRANCISCO, CA, Cribl, the leader in enabling open observability, today announced it raised $150 million in Series D funding.
The round was led by Tiger Global Management, and joined by existing investors IVP, CRV, Redpoint Ventures, Sequoia, and Greylock. Secured less than a year after its Series C round last summer, the Series D funding brings Cribl's total funding to $400 million, validating the growing role observability data plays in driving business outcomes.
Cribl makes open observability a reality for today's tech professionals. The Cribl product suite defies data gravity with radical levels of choice and control. Wherever the data comes from, wherever it needs to go, Cribl delivers the freedom and flexibility to make choices, not compromises. It's enterprise software that doesn't suck, enables tech professionals to do what they need to do, and gives them the ability to say "Yes." With Cribl, companies have the power to control their data, get more out of existing investments, and shape the observability future. Founded in 2017, Cribl is a remote-first company with an office in San Francisco, CA.
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