Hydrolix Closes $80 Million Series C to Control Ballooning Log Data Storage Cost and Boost Analytics Performance in the AI Age

Hydrolix today announced the closing of an $80 million Series C investment round, led by QED Investors, joined by Blumberg Capital, Frontline Ventures, Pruven Capital and Sozo Ventures, alongside existing investors that include Akamai, AV8 Ventures, Ericsson Ventures, Nava Ventures, Oregon Venture Fund, S3 Ventures, Uncorrelated Ventures and Wing Venture Capital. Chuckie Reddy, QED partner and head of growth investments, will join the Hydrolix board as a director.

Portland-based Hydrolix solves the problem of ever-ballooning volumes of log data and an existential need to perform analytics on that data to meet demanding security, compliance and service performance expectations. The fast-growing startup has seen an eightfold sales increase in the past year, driven by these trends. Its platform transforms the economics and analytics performance of log data retention. The Hydrolix streaming data lake platform powers security, observability, e-commerce, advertising technology and other log-intensive use cases.

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