Today, San Francisco-based observability pipeline provider Cribl is announcing that it raised $200 million in a new Series C funding round, bringing their total funding to $254 million. The round was led by Greylock and Redpoint Ventures, and was joined by new investor IVP and existing investors Sequoia and CRV. It also had strategic investment from Citi Ventures and Crowdstrike.
Cribl was founded in 2017, with all three co-founders coming from Splunk.
“We all had a very deep background in logs, machine data metrics, and observability, and we left Splunk in 2017,” said Clint Sharp, Cribl’s CEO, and one of the co-founders. “We discovered with this new project that people had massively greater volumes of data than they could process with their current architecture. It was not a solved problem. They wanted to take data that was going to SIEMs and login tools and get it into multiple places and create more affordable and greater capability systems.”