Cribl raises $150M in late-stage funding round as it launches new data search tool
Open observability firm Cribl Inc. said today it has closed on a late-stage $150 million funding round that brings its total amount raised to $400 million to date.
Tiger Global Management led the Series D round and was joined by existing backers including CRV, IVP, Redpoint Ventures, Sequoia and Greylock Partners.
The round came alongside the launch of a new product from the company called Cribl Search, which it said will allow customers to perform queries on any data in any format in any location.
Cribl provides tools companies can use to organize data streams that are used to monitor software applications. Its flagship product is Cribl Stream, which is used to process application logs, instrumentation data, metrics, telemetry and so on and deliver them to the monitoring platform of their choice.
That’s important because companies typically use an array of tools to monitor their applications, servers and other systems to spot technical issues. For instance, they’ll use one tool to monitor cloud instances, another to track on-premises workloads and a third to identify cyberattacks. The issue for companies is that streaming data to these monitoring tools is technically challenging and therefore very expensive and time-consuming. The data needs to be transformed before monitoring tools can analyze it.
Cribl Stream simplifies this task, acting as a central platform to orchestrate monitoring-related information streams. It functions as a kind of switchboard for data, collecting information and distributing it to where it needs to go.
The launch of Cribl Search builds on that base product, providing a way for companies to perform “search-in-place” queries on their data where it resides, without the need to send it through this switchboard first. That eliminates the need for teams to ingest, ship and centrally store telemetry data before it can be analyzed, the company said.
Data can be searched in flight via Cribl Stream, or at the edge where it’s first created using Crible Edge. That’s a tool used to collect observability data from applications and devices running on the edge of the network.
Cribl said the main advantage of Cribl Search is that it helps companies eliminate blind spots in their data operations without hurting the productivity of whatever limited resources they may have.
“With this new funding helping us build toward Cribl Search and beyond, we look forward to breaking down the barriers to entry that challenge many organizations’ observability practices and giving our customers the choice and control they need to leverage observability,” said Cribl co-founder and Chief Executive Clint Sharp.
650 Group founder and analyst Chris DePuy said Cribl Search is an innovative approach that will modernize the search experience for cybersecurity and operations teams.
“By making data discoverable and searchable without having to first move it, Cribl Search offers the broadest visibility and accelerates troubleshooting, security investigations, and operational efficiencies while still giving its customers choice and control over how they use their observability data,” he said.
Cribl Search is currently available in private beta, and the company is accepting early customer requests now.
Sharp recently appeared on theCUBE, SiliconANGLE Media’s mobile livestreaming studio, where he spoke more about how Cribl helps companies to aggregate their telemetry data and filter out the noise so they can obtain more useful insights from it:
Photo: Cribl
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