Coralogix adds Macquarie backing to $1.6B Series F, targets Australia and New Zealand

What's the deal? Coralogix, the data and AI platform for observability, has added Macquarie Capital Venture Capital to its investor group in an extension of its Series F round. The financing values the Boston-based company at $1.6 billion.

Why now? Coralogix is pushing into Australia and New Zealand, targeting enterprise sectors where observability has become mission critical — including financial services, banking, energy, and infrastructure. Macquarie Capital Venture Capital's regional presence brings relationships to accelerate that growth.

What's the endgame? The company plans to deepen regional partnerships and invest in supporting enterprises adopting AI-native observability. Its platform is built for full-fidelity data ingestion, real-time streaming analytics, open formats, and customer-owned storage.

"This is about much more than extending a financing round," said Ariel Assaraf, chief executive officer and co-founder of Coralogix. "As more enterprises build AI into production, we're investing where our customers are growing."

The signal: As AI becomes part of production environments, observability platforms are drawing conviction from strategic backers. "The way enterprises build and operate software is changing rapidly as AI becomes part of every production environment," said Gary Munitz, global co-head of Macquarie Capital Venture Capital.

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