We are pleased to announce we have closed our Series D round of funding, led by Tiger Global with participation from existing investors IVP, CRV, Redpoint Ventures, Sequoia, and Greylock Partners. In this round, we raised $150M, bringing our total raised to over $400M. This new fundraising round further validates the value we provide to customers.
“We lost choice and control when we migrated to Splunk Cloud, but got it back when we adopted Cribl Stream.” The above quote is from a new Cribl customer talking about why they adopted Cribl Stream to manage observability and security data.
Everybody is used to dealing with the bugs on their smartphone and other technology devices In their homes that have been an issue for years. The fact that they may never be resolved is just one of those things that we’ve decided to accept. At Cribl, we approach this situation differently — we’re not okay with bugs of any size.
One of Cribl Stream’s selling points is the reduction of ingested log volume, which helps our customers control costs and improve system performance. This can be accomplished in two ways – either by eliminating duplicate or unnecessary fields and null values within the events, or controlling the number of specific events that actually get sent to the destinations through strategic filtering.
Last week, we hosted a webinar on the easiest way to right-size – and safest way to overhaul – your architecture. One of the scenarios we’re seeing come up more and more with prospects and customers is the need to update your architecture, and particularly your security architecture, as new needs and threats arise. As I’m sure you all know, that can be a real hassle, put a strain on your resources, and put your security posture at risk if it isn’t done well.
