Cribl Raises $319 Million in Series E Funding

Cribl, a San Francisco-based data infrastructure startup, has raised $319 million in a Series E funding round led by GV (Google Ventures), valuing the company at $3.5 billion. This funding round includes $200 million in primary capital and a $119 million secondary offering, bringing Cribl's total raised to $600 million since its founding in 2018. Cribl's platform helps companies analyze, collect, process, and route IT and security data, benefiting from the massive expansion in corporate data. The company boasts nearly half of the Fortune 50 and a quarter of the Fortune 500 as clients, with annual recurring revenue surpassing $100 million. The funds will be used to expand globally, enter new markets, and enhance its partner ecosystem. GV's General Partner Michael McBride will join Cribl's board of directors.