Cribl Raises $319M in Series D
Cribl has successfully raised $319M in a Series D at a $3.5B valuation led by CRV, Redpoint Ventures, Sequoia Capital, IVP, GV, CapitalG, Tiger Global.
Company Overview
Cribl is a Observability company headquartered in 548 Market Street, San Francisco, CA 94104, founded in 2017 with 400+ employees.
Observability pipeline
Fundraising Details
- Amount Raised: $319M
- Round Type: Series D
- Valuation: $3.5B
- Date: 2024-01-30
- Investors: CRV, Redpoint Ventures, Sequoia Capital, IVP, GV, CapitalG, Tiger Global
About Cribl
Observability pipeline The company is positioned in the Observability sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 548 Market Street, San Francisco, CA 94104
- Founded: 2017
- Team Size: 400+
- Industry: Observability
What This Means
This funding round demonstrates strong investor confidence in Cribl's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Observability sector continues to attract significant investment as companies innovate to meet evolving market demands. Cribl's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3.5B valuation marks an important milestone for Cribl, positioning the company among notable players in the Observability industry.
Looking Ahead
With this new capital, Cribl is well-positioned to execute on its growth strategy and continue building innovative solutions in the Observability space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-01-30. For more information about Cribl, visit their headquarters at 548 Market Street, San Francisco, CA 94104.
