Coralogix raises $200M on bet that someone needs to watch the AI agents
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Coralogix raises $200M for AI agent observability, directly matches data engineering and agent monitoring interests.
Coralogix raised $200M Series F led by Advent and CPPIB to expand observability for AI agents, as over half its enterprise customers now use its Olly AI agent or their own LLMs via CLI to investigate incidents. The platform, competing with Datadog, serves 5,000+ customers including IBM and JFrog, and grew revenue 60% while reaching 30+ customers spending over $1M annually. CEO Assaraf notes the interface layer is eroding as engineers prefer asking AI assistants over traditional dashboards, driving investment in agentic monitoring tools.