Cribl

Big News! ➡️ Cribl closes $319 million Series E at a $3.5 billion valuation! Our Series E round was led by GV (Google Ventures), marking one of the firm’s largest ever investments, with participation from GIC, CapitalG, IVP, and CRV. We’re also excited to welcome GV partner and former GitLab CRO Michael McBride to our board of directors. Thank you to all of our incredible customers, partners, and investors for supporting us along this journey. From Day 1, we took a different approach to managing data, with vendor-agnostic products purpose-built for IT and Security. We want you to have choice, control, and flexibility over your data. And we will continue to innovate to meet your needs and enable you to analyze, collect, process, and route all IT and security data to unlock its value. We’ve hit some amazing milestones together, and we’re just getting started! Read more from Cribl co-founder and CEO Clint Sharp: https://lnkd.in/eN_BStS9

Michael McBride from GV (Google Ventures) shares why he’s excited to lead our $319M Series E round, what our customers told him about why they consider Cribl a partner rather than just another vendor, and why Cribl is uniquely positioned to help companies solve their IT and Security data management challenges. Read the full blog: https://lnkd.in/duXPvWpH

Cribl CEO and Co-Founder Clint Sharp joined Fortt Knox with Jon Fortt to share his insights on AI’s impact on data growth, his entrepreneurial journey that led to co-founding Cribl, and why IT and Security teams need a Data Engine to scale their growing data needs. Watch the full interview: https://lnkd.in/dVNyPX4E

👏 WHAT 👏 A 👏 DAY! 👏 A huge thank you to the Nasdaq team for helping us celebrate this milestone! We’re incredibly excited about our new partnerships with GV (Google Ventures) and CapitalG! A heartfelt thanks to GIC, IVP, and CRV for their continued support of our mission in our Series E round! None of this would be possible without our amazing customers, employees, partners, and all of our investors. #LetsGOAT!

Earlier today, Cribl’s CEO and Co-Founder, Clint Sharp, joined Bloomberg News with Edward Ludlow and Caroline Hyde to discuss our $319M Series E round, why IT and Security teams worldwide are choosing Cribl’s products, and how our customers are building a scalable data management strategy that lets them stay ahead of data growing at 28% CAGR while budgets do not. Watch the full interview here: https://lnkd.in/eF3_Y2g4

Earlier today, Cribl’s CEO and Co-Founder, Clint Sharp, joined Bloomberg News with Edward Ludlow and Caroline Hyde to discuss our $319M Series E round, why IT and Security teams worldwide are choosing Cribl’s products, and how our customers are building a scalable data management strategy that lets them stay ahead of data growing at 28% CAGR while budgets do not. Watch the full interview here: https://lnkd.in/eF3_Y2g4

As enterprise data grows at a 28% CAGR, significantly outpacing IT budget growth, IT and Security teams are increasingly turning to Cribl for a comprehensive data management strategy. Cribl provides a one-stop solution for analyzing, collecting, processing, and routing data at scale. Here’s what’s driving our momentum: 📈 ARR Growth: Our ARR has surged with a 163% CAGR over the last four years. 👥 Customer Expansion: Our customer base has grown triple digits YoY for five consecutive years, now including a quarter of Fortune 500 companies. 💵 Net Dollar Retention: We maintain a strong NDR of over 130% over the past 12 months, reflecting customers’ continued growth and expansion with Cribl. 🛒 Multi-product Adoption: The adoption of multiple products across our portfolio has skyrocketed by over 300% in the past year. Learn more about our exciting news: https://lnkd.in/eC4SBsF2

Our secret sauce to landing a $319M round? Solving real problems that real customers face every day, not chasing flashy trends, as Clint Sharp tells Katie Roof at Bloomberg News. For IT and security teams, that means reimagining how data is managed while it's growing at 28% CAGR and budgets do not. GV (Google Ventures)’s Michael McBride says it best: “Cribl can define an entire category." And that's exactly what we're doing. Read more: https://lnkd.in/enBYSizR

I’m so excited to share that Cribl has closed an oversubscribed $319M Series E round at a new $3.5B valuation, up 40% from our Series D just two years ago. The round was led by GV (Google Ventures) in one of their largest ever investments, with participation from GIC, CapitalG, IVP, and CRV. But that’s not all. GV partner and former GitLab CRO Michael McBride is joining our board of directors. This is an incredible milestone for us and it goes to show that solving real problems for real users works really well! Since day 1, Cribl was built to help you unlock the value of all your IT and security data. We’re taking a different approach to data management, with vendor-agnostic products that resolve the tension between data growth (28% CAGR and growing!) and budget growth while giving you choice, control, and flexibility. We’re here for the critically important but often underserved IT and security practitioners who keep businesses running. And we’ll continue to innovate to meet your needs. Thank you to our customers, partners, investors, and all of the amazing goats who have supported and trusted us during this journey. Here’s to more incredible moments as we continue to succeed together! Read more about the announcement in my blog post: https://lnkd.in/gK_yv3cp

Is this what your data management strategy feels like? Data modernization is quickly becoming a buzzworthy topic for experts focused on bridging the gap between modern needs and legacy systems while also trying to wrangle exponentially more data with only a fraction more budget. But what does modernization actually mean to you, your team, and your organization? Is it something you should be exploring, and how do you determine where you’re at or should be in your journey to modernization? From collection, routing, and parsing to integration, storage, and retrieval, modernization will require you to assess your current state, determine the value of your data, and build a model for your organization. You'll also need to tie your initiatives to broader business goals so you can fund your modernization project. In our free training session, we’ll show you: 📊 Models to measure the maturity of your architecture and engineering at each step in the data journey 🛠️ Strategies to determine which areas to address first 🛡️ Tools and techniques to de-risk the upgrade process Watch now: https://lnkd.in/eGzPPpee