Israeli data security platform Coralogix raises $115 million

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Israeli data security platform Coralogix has raised $115 million (about Rs 992 crore) in a series E funding round led by NewView Capital and plans to deploy a significant chunk of the capital in India.

The company plans to increase its market share, especially in compliance-intensive and fast-scaling sectors like BFSI, IT & Telecom, Logistics, and EdTech, a company statement said.

“A significant portion of this capital will be deployed in India, which stands among its top three markets globally.

“As part of this investment, Coralogix will…



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Israeli data security platform Coralogix raises $115 million


Israeli data security platform Coralogix has raised $115 million (about Rs 992 crore) in a series E funding round led by NewView Capital and plans to deploy a significant chunk of the capital in India.

The company plans to increase its market share, especially in compliance-intensive and fast-scaling sectors like BFSI, IT & Telecom, Logistics, and EdTech, a company statement said.

“A significant portion of this capital will be deployed in India, which stands among its top three markets globally.

“As part of this investment, Coralogix will…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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