Cribl valued at $3.5B after $319M Series E funding round

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“As practitioners in this field, my co-founders and I understand the growing pains of IT and security as data explodes at an exponential rate,” said Cribl CEO and co-founder Clint Sharp. “The tools of the past decade simply don’t meet the demands of today, let alone the next ten years.”

CEO’s Vision and New Board Member’s Take

Sharp emphasized that Cribl was built to solve real-world problems and that this funding milestone reaffirms the value of their user-centric approach. “This is just a step in our journey to build a generational company that continues evolving with our customers’ needs,” he added.

The Series E round was spearheaded by Google Ventures, which made one of its largest-ever investments. Michael McBride, Google Ventures general partner and former CRO of GitLab, led the investment and joined Cribl’s board. He emphasized the urgency for companies to modernize their data infrastructure, particularly with the rise of AI.

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“Legacy systems can no longer handle today’s relentless data growth. Cribl’s ability to deliver powerful, consistent results for its customers is what drives its rapid growth,” McBride said.