Cribl Secures \(319M Series E Funding at \)3.5B Valuation
San Francisco-based data infrastructure startup Cribl has raised $319 million in a Series E funding round, catapulting its valuation to $3.5 billion—a 40% increase from its 2022 Series D valuation. The investment was led by GV (Alphabet’s venture arm), with participation from GIC, CapitalG, IVP, and CRV. This brings Cribl’s total funding to $600 million, marking one of GV’s largest investments in its 15-year history.
Key Highlights of the Funding Round
- Lead Investor: GV (Google Ventures), with Michael McBride (GV General Partner) joining Cribl’s board.
- Valuation Surge: \(3.5B, up from \)2.5B in 2022.
- Total Raised: $600M to date.
- Participating Investors: GIC, CapitalG, IVP, and CRV.
Why Cribl’s Growth Matters
Cribl specializes in data orchestration, helping enterprises analyze, process, and route IT and security data across systems. Its rise aligns with the explosive growth of corporate data, which is projected to dominate 80% of global data by 2025.
Market Traction & Financials
- Fortune 500 Clients: 25% adoption rate.
- Annual Recurring Revenue (ARR): Exceeds $100M, with a 163% CAGR over the past four years.
- Customer Growth: Triple-digit YoY expansion for five consecutive years.
- Team Size: ~700 employees.
While not yet cash-flow positive, Cribl aims to achieve profitability by 2025. The funding will likely accelerate product development and market expansion in the booming data ops sector.
Industry Context
The demand for data observability and orchestration tools has surged as enterprises grapple with exponential data growth. Cribl’s platform addresses critical pain points, positioning it as a key player in the $100B+ data management market.
With this latest funding, Cribl is poised to strengthen its foothold in enterprise data infrastructure, competing with legacy players while innovating in real-time data processing.
📚 Featured Products & Recommendations
Discover our carefully selected products that complement this article’s topics:
🛍️ Featured Product 1: Bralette Con Espalda Cruzada Racie Extended
Image: Premium product showcase
Carefully crafted bralette con espalda cruzada racie extended delivering superior performance and lasting value.
Key Features:
- Professional-grade quality standards
- Easy setup and intuitive use
- Durable construction for long-term value
- Excellent customer support included
🔗 View Product Details & Purchase
🛍️ Featured Product 2: Embroidery Ma Fitted Cap Blue
Image: Premium product showcase
High-quality embroidery ma fitted cap blue offering outstanding features and dependable results for various applications.
Key Features:
- Premium materials and construction
- User-friendly design and operation
- Reliable performance in various conditions
- Comprehensive quality assurance
🔗 View Product Details & Purchase
🛍️ Featured Product 3: Eco-Chrome R Goggle Jacket Estate Blue
Image: Premium product showcase
Premium quality eco-chrome r goggle jacket estate blue designed for professional use with excellent performance and reliability.
Key Features:
- Premium materials and construction
- User-friendly design and operation
- Reliable performance in various conditions
- Comprehensive quality assurance
🔗 View Product Details & Purchase
💡 Need Help Choosing? Contact our expert team for personalized product recommendations!
