Coralogix, a software monitoring startup headquartered in Boston but founded in Israel, has secured $200 million in a fresh funding round. The company is betting that the growing use of AI agents will fuel demand for next-generation tools capable of monitoring, troubleshooting, and managing increasingly autonomous software systems. This Series F financing arrives just 11 months after Coralogix raised $115 million in a Series E round—a rapid cadence that underscores how quickly investor enthusiasm for AI infrastructure companies has intensified. The new round values the startup at $1.6 billion post-money and was led by Advent and the Canada Pension Plan Investment Board (CPPIB), with participation from Greenfield Partners and Brighton Park Capital. To date, Coralogix has raised a total of $550 million.

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This investment comes as software companies scramble to adapt to the rise of AI agents—systems that can autonomously write code, investigate problems, and complete tasks that previously required a human engineer. Coralogix is among a growing cohort of infrastructure firms betting that, as AI systems move into production, demand will increase for tools that can monitor their behavior, troubleshoot failures, and provide the operational data needed to keep them running reliably. The logic is simple: the more autonomous software you deploy, the more you need to know when something goes wrong and why.

Founded in 2014, Coralogix helps companies monitor the health and performance of software systems by collecting and analyzing operational data such as logs, metrics, and traces—essentially a continuous record of what a software system is doing and how it’s behaving. The platform is used by more than 5,000 customers worldwide, including IBM, Tradeweb, and JFrog, to detect outages, investigate incidents, and optimize applications. The observability industry, where Coralogix competes with the likes of Datadog, New Relic, and Splunk, is being reshaped by the rise of AI. Vendors are increasingly embedding AI into monitoring and incident-response workflows as enterprises deploy more AI-powered applications and agents.

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This shift is already changing how customers interact with Coralogix’s platform, according to co-founder and CEO Ariel Assaraf. He said in an interview that more than half of the startup’s enterprise customers now use either its AI agent, Olly, or their own AI models through command-line and agentic interfaces to investigate incidents and query operational data. “Most of the usage is going to be around, ‘How do I connect my LLM to this? How do I operate this through my CLI?’” In plain terms, his customers are less interested in logging into a dashboard and more interested in asking an AI assistant what’s wrong.

The shift has coincided with strong growth for Coralogix. The startup grew revenue by more than 60% over the past year and now counts about 30 customers spending more than $1 million annually, Assaraf said, as it expands further into the enterprise market. The company surpassed $100 million in annualized revenue more than a year ago, though Assaraf declined to disclose current figures.

The startup employs more than 600 people globally, with about 100 based in India, home to its third-largest office after the U.S. and Israel. The India operation, Assaraf said, has evolved into a regional hub supporting customers across Asia while helping Coralogix expand into large domestic enterprises, including financial institutions. Coralogix did not raise this funding because it needed additional runway, Assaraf noted, adding that the capital would be used to accelerate investment in AI-focused products, security offerings, and global expansion. “In the AI era, execution and speed matter more than any point-in-time valuation,” he said. “We wanted to accelerate, expand, and take a further step into this AI game that we believe we’re leading in our space.”

Coralogix does not currently expect to raise additional capital and is working toward profitability over the next few years, Assaraf said. The company is also preparing to operate with the financial discipline of a public company, though he stopped short of committing to a timeline for an initial public offering.