Israeli data security platform Coralogix raises $115 million

Israeli data security platform Coralogix has raised $115 million (about ₹992 crore) in a series E funding round led by NewView Capital and plans to deploy a significant chunk of the capital in India.

The company plans to increase its market share, especially in compliance-intensive and fast-scaling sectors like BFSI, IT & Telecom, Logistics, and EdTech, a company statement said.

“A significant portion of this capital will be deployed in India, which stands among its top three markets globally.

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