Coralogix raises $25 million to parse software logs with AI

Coralogix, which analyzes software logs with AI, today announced $25 million in new funding and launched a real-time analytics solution that allows customers to pay according to data priority instead of volume. This allows them to get queries, alerts, and machine learning capabilities without using storage. About 50% of logging statements don't include any information about critical things like variable state at the time of an error, according to GitHub and OverOps surveys. That may be why developers spend an estimated half of their time on troubleshooting and bug-fixing. Founded in 2014, San Francisco-based Coralogix provides AI analytics solutions for a host of software development challenges.