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Cribl Secures $319 Million Series E Funding Round Led by GV to Revolutionize Enterprise Data Management

Aug 27, 2024•almost 2 years ago

Contract Type

partnership

San FranciscoOtherInformation Technology

Description

Cribl has closed an oversubscribed Series E round of $319 million, bringing its total capital secured to over $600 million and increasing its valuation to $3.5 billion. The round was led by new investor GV, with participation from GIC, CapitalG, IVP, and CRV. This funding comes as enterprise data grows at a 28% CAGR, and Cribl's vendor-agnostic solutions are empowering enterprises to transform their data strategies.

Company Information

Company

Cribl

Location

22 4TH STREET SUITE 1300

San Francisco, California, United States

About

Cribl, the Data Engine for IT and Security, empowers organizations to transform their data strategy. Powered by a data processing engine purpose-built for IT and Security, Cribl’s product suite is a vendor-agnostic data management solution capable of collecting data from any source, processing billions of events per second, automatically routing data for optimized storage, and analyzing any data, at any time, in any location. With Cribl, IT and Security teams have the choice, control, and flexibility required to adapt to their ever-changing data needs. Cribl’s offerings–Stream, Edge, and Search–are available either as discrete products or as a holistic solution.

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