Cribl, a San Francisco, CA-based data engine company for IT and security, raised $319M in Series E funding, at $3.5 Billion valuation.
The round was led by GV (Google Ventures) with participation from GIC, CapitalG, IVP, and CRV. GV’s General Partner and former GitLab CRO Michael McBride joined Cribl’s Board of Directors.
The company intends to use the funds to accelerate its continued growth by accelerating product development, extending global presence, and strengthening infrastructure to support its rapid expansion.
Founded in 2018 and led by Clint Sharp, CEO, Cribl is a data engine company for IT and security that empowers organizations to to analyze, collect, process, and route all IT and security data from any source or to any destination, delivering the control, and flexibility required to adapt to their needs. Its product suite, which is used by Fortune 1000 companies globally, is purpose-built for IT and Security, including Cribl Stream, an observability pipeline, Cribl Edge, an intelligent vendor-neutral agent, Cribl Search, the industry’s first search-in-place solution, and Cribl Lake, a data lake.
This funding follows the company surpassing $100 million in annual recurring revenue (ARR) in less than four years.
FinSMEs
28/08/2024