Israeli data security platform Coralogix has raised $115 million in a series E funding round led by NewView Capital.
The company plans to deploy a significant portion of the capital in India to increase market share in sectors like BFSI, IT & Telecom, Logistics, and EdTech.
They aim to expand their office in Gurugram and accelerate hiring in Bengaluru and Mumbai over the next five years, creating hundreds of high-value tech jobs.
Coralogix's Indian portfolio includes customers like Postman, Jupiter Money, Meesho, BookMyShow, and others.
The funding round values the Tel Aviv-based firm at over USD 1 billion and saw participation from Canada Pension Plan Investment Board and NextEquity.