Hydrolix, a Portland-based startup, raised $80 million in Series C funding to enhance its real-time log data storage and analysis capabilities, serving sectors like fintech, media, and e-commerce. The company has seen rapid growth, with an 8X revenue increase in 2024 and nearly $40 million in annual recurring revenue. Founded in 2018 by Marty Kagan and Hasan Alayli, Hydrolix counts Volkswagen, the Paris Olympics, and Navy Federal Credit Union among its customers, and has secured a total of $148 million in funding.
Hydrolix Lands $80M to Help Companies Manage Massive Volumes of Log Data
