Corallogicsa Boston-headquartered software monitoring startup founded in Israel, has raised $200 million in a new funding round, betting that the rise of AI agents will fuel demand for a new generation of tools to monitor, troubleshoot and manage increasingly autonomous software systems.

The Series F financing comes just 11 months after Coralogix raised $115 million in a Series E round, a pace that reflects how quickly investor appetite for AI infrastructure companies has accelerated. The new round values ​​the startup at $1.6 billion post-money and was led by Advent and the Canada Pension Plan Investment Board (CPPIB), with participation from Greenfield Partners and Brighton Park Capital. The company has raised a total of $550 million so far.

The investment comes as software companies race to adapt to the rise of AI agents, software systems that can autonomously write code, investigate problems, and complete tasks that previously required a human engineer. Coralogix is ​​among a growing number of infrastructure firms betting that as AI systems go into production, demand will increase for tools that can monitor their behavior, troubleshoot failures, and provide the operational data needed to run them reliably. (The more autonomous software you deploy, the more you need to know when something goes wrong and why.)

Founded in 2014, Coralogix helps companies monitor the health and performance of software systems by collecting and analyzing operational data like logs, metrics, and traces—essentially a continuous record of what a software system is doing and how it’s behaving. The platform is used by more than 5,000 customers worldwide, including IBM, Tradeweb, and JFrog, to detect outages, investigate incidents, and optimize applications.

The observation industry, where Coralogix competes with the likes of Datadog, New Relic, and Splunk, is being reshaped by the rise of AI. Vendors are increasingly incorporating AI into monitoring and incident response workflows as enterprises deploy more AI-powered applications and agents.

This shift is already changing how customers interact with CoralLogics’ platform, co-founder and CEO Ariel Asraf (pictured above, right) said in an interview. More than half of the startup’s enterprise customers now use either its AI agent, Oli, or its own AI models to investigate events and query operational data through command-line and agent interfaces, he said.

“The interface layer is slowly disappearing,” Esraf told TechCrunch, observing that engineers are increasingly interacting with software through AI assistants and command-line tools rather than traditional dashboards. “Most of the usage is going to be around, ‘How do I connect my LLM to this? How do I run it through my CLI?'” Put simply, its users are less interested in logging into a dashboard and more interested in asking an AI assistant what’s wrong.

The change coincides with strong growth for Coralogix. The startup grew revenue by more than 60 percent over the past year and now counts about 30 customers who spend more than $1 million annually, Assaraf said, as it expands further into the enterprise market. Asraf added that the company crossed $100 million in annual revenue less than a year ago, though he declined to disclose current figures.

The startup employs more than 600 people globally, with around 100 based in India, its third largest office after the US and Israel. Asraf said the India operation has evolved into a regional hub that supports customers across Asia while helping CoreLogics expand to large domestic institutions, including financial institutions.

Coralogix did not raise because it needed additional runway, Assaraf said, adding that the funding will be used to accelerate investments in AI-focused products, security offerings and global expansion.

“In the AI ​​era, execution and speed matter more than any point-in-time valuation,” he said. “We wanted to accelerate, expand and take a step further in the AI ​​game that we believe we are leading in our space.”

Assaraf said Coralogix does not currently expect to raise additional capital and is working toward profitability over the next few years. The company is also preparing to operate with the financial discipline of a public company, he said, though he stopped short of committing to a timeline for an initial public offering.