San Francisco – May 26, 2022 – Cooley advised Cribl, a leader in enabling open observability for technology professionals, on its $150 million Series D financing round. Partner Craig Jacoby led the Cooley team advising Cribl.
In connection with the funding round, Cribl announced plans to expand its product portfolio with the introduction of Cribl Search, the first open and vendor-agnostic analytics tool to perform “search-in-place” queries.
“With this new funding helping us build toward Cribl Search and beyond, we look forward to breaking down the barriers to entry that challenge many organizations’ observability practices and giving our customers the choice and control they need to leverage observability to both improve IT operations and drive business outcomes,” Clint Sharp, CEO and co-founder of Cribl, said in a press release.
Cooley has advised Cribl from its seed financing through this latest funding round, as well as on other corporate matters.
Founded in 2017, Cribl is a remote-first company with an office in San Francisco. The company’s product suite defies data gravity with radical levels of choice and control. Wherever the data comes from and wherever it needs to go, Cribl delivers the freedom and flexibility to make choices, not compromises. Its enterprise software enables tech professionals to do what they need to do and gives them the ability to say “yes.” With Cribl, companies have the power to control their data, get more out of existing investments and shape the observability future.
About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.
Cooley has 1,500 lawyers across 17 offices in the United States, Asia and Europe.