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The Cribl team has a deep heritage building innovative technology at Splunk, and at Cribl the team has invented a technology that is the single strategic control point for all data in their enterprise
Fremont, CA: Cribl, the leading Observability Pipeline company, announced it raised $200 million in new Series C funding led by Greylock and Redpoint Ventures, joined by new investor IVP, existing investors Sequoia and CRV, and with strategic investment from Citi Ventures and CrowdStrike. This Series C funding brings Cribl's total funding to $254 million, coming on the heels of sizable deals with large enterprise customers, including FINRA, Rivian, and Cox Automotive.
Cribl is taking an open approach to the flow of data in the enterprise. In its flagship product, LogStream, Cribl has invented an entirely new, vendor-agnostic way to parse and route any type of event data that flows through corporate IT systems. In doing so, Crib’s LogStream has not only created an observability pipeline that offers unparalleled flexibility and control across IT systems, it gives companies the freedom to choose their analytics tools and storage destinations from a diverse range of best-of-breed data solutions without fear of vendor lock-in, complementing tools such as Splunk, Datadog, and Exabeam.
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"Enterprises today are caught between the mythical ideal of a single pane of glass for all data insights, and the harsh reality that they have to install agents everywhere they want to observe data," said Clint Sharp, co-founder, and CEO of Cribl. "Cribl, our customers, and investors recognize there's a better way — to create a unified data pipeline, with the same agents across security and operations, that allows enterprises to maximize the value of their existing investments. This isn't a 'better' or 'faster' version of what's in the market — it's an entirely new, open architecture for observability."
Offering unparalleled flexibility and control over observability data flowing between every system in the enterprise. Its superior purpose-built technology is 7x more efficient at processing event data while using far fewer resources than alternatives and has helped it win relationships with new global customers such as Whole Foods and Vodafone.
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