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Cribl.io

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Cribl.io is an American company developing a data platform for information technology and security operations teams.[1] Their core function revolves around simplifying and managing the massive amount of data generated by various software systems within an organization.[2][3] Founded in 2018 by Clint Sharp, Ledion Bitincka, and Dritan Bitincka, the company is headquartered in San Francisco, California. Its mascot is a goat named Ian.[4][5] In October 2022, Splunk filed a lawsuit against Cribl, alleging that the company based its business on stolen intellectual property.[6]

Cribl.io
Company typePrivate
IndustrySoftware
FoundedJuly 2018; 5 years ago (July 2018)
FoundersClint Sharp, Dritan Bitincka, Ledion Bitincka
HeadquartersSan Francisco, California, U.S.
Revenue$100 million (2023)
Number of employees
≈ 700 (2024)
Websitecribl.io

History

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Cribl.io was established in San Francisco, California, in July 2018 by Clint Sharp, Ledion Bitincka, and Dritan Bitincka.[4][7]

In February 2019, the company secured $4 million in seed funding; by October of the same year, it launched Cribl Stream 2.0. Cribl completed its Series A funding round in April 2020, securing $7.4 million, and its Series B funding round in October 2020, raising $35 million, led by Sequoia Capital.[8] That same year, it launched Cribl.Cloud for onboarding data to SaaS logging tools, metric databases, and cloud data warehouses.[9]

The company was listed among The Information 50 Most Promising Startups in 2020.[10][11]

Cribl.io launched AppScope, an Apache-licensed, open-source, black-box instrumentation technology, in April 2021.[12] The company's Series C funding of $200 million in August 2021 was led by Greylock Partners and Redpoint Ventures, joined by new investor IVP, with participation from Sequoia, CRV, and Citi Ventures.[13][14] Cribl also earned the AWS Rising Star ISV Partner of the Year in November 2021.[15]

In 2022, it was named on CRN's Cloud 100 Company list, CNBC's Top Startups for the Enterprise, Forbes' list of America's Best Small Employers, and CNBC's first-ever Top Startups for the Enterprise.[16][5][1] In May 2022 Cribl secured $150M in Series D funding led by Tiger Global Management and joined by existing investors IVP, CRV, Redpoint Ventures, Sequoia, and Greylock.[17][13][4] This round brought total funding to $400 million.[18][19]

In October 2022, Splunk, an American technology company, filed a lawsuit against Cribl.io, alleging that the company based its business on stolen intellectual property. Cribl released a public statement denying Splunk's allegations.[20] In 2023, Cribl was listed in Forbes Cloud 100 and America's Best Startup Employers 2023 lists,[21][22] as well as Inc. 5000 list of fastest-growing private companies.[23] CrowdStrike introduced CrowdStream in cooperation with Cribl.[24]

In October 2023, Cribl.io became the fourth-fastest infrastructure company to reach centaur status ($100 million annual recurring revenue).[25][26]

In December 2023, Cribl.io was named in Fortune's Inaugural Cyber 60 List of Top Private Cybersecurity Companies.[27]

References

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  1. ^ a b staff, CNBC com (2022-11-07). "Cribl: 2022 Top Startups for the Enterprise". CNBC. Retrieved 2023-12-21.
  2. ^ Kerner, Sean Michael (2024-06-10). "Cribl flies forward with data engine AI copilot for IT and security". VentureBeat. Retrieved 2024-06-19.
  3. ^ Bort, Julie; Bergman, Ben; Rafieyan, Darius; Rao, Leena; Renbarger, Madeline; Stokes, Samantha; Persaud, Vishal. "73 of the most promising startups of 2023, according to top VCs". Business Insider. Retrieved 2024-06-19.
  4. ^ a b c Sawers, Paul (2022-05-24). "Data observability company Cribl raises $150M". VentureBeat. Retrieved 2024-06-19.
  5. ^ a b "Cribl | Company Overview & News". Forbes. Retrieved 2023-12-21.
  6. ^ "Splunk suit claims Cribl built on stolen log management IP | TechTarget". IT Operations. Retrieved 2024-06-19.
  7. ^ Whiting, Rick. "Cribl Raises $150M In Funding, Expands Data Observability Pipeline Lineup | CRN". www.crn.com. Retrieved 2024-06-19.
  8. ^ "Cribl sets out to fix IT observability lock-in with $35M from Sequoia and CRV". SiliconANGLE. 2020-10-15. Retrieved 2024-06-19.
  9. ^ "AWS Partner Highlights". partners.amazonaws.com. Retrieved 2024-06-19.
  10. ^ Efrati, Amir (December 2, 2020). "What We Learned From The Information's List of the 50 Most Promising Startups". theinformation.com. Retrieved 2024-06-19.
  11. ^ "The Information 50 Most Promising Startups". theinformation.com. Retrieved 2024-06-19.
  12. ^ criblio/appscope, GitHub, 2024-05-31, retrieved 2024-06-19
  13. ^ a b "Tiger Global leads $150M into Cribl". Inside. Retrieved 2024-06-19.
  14. ^ Wiggers, Kyle (2021-08-25). "Data observability startup Cribl brings in $200M". VentureBeat. Retrieved 2024-06-19.
  15. ^ "Announcing the AWS Partner Network's Regional U.S. 2021 Partners of the Year | AWS Partner Network (APN) Blog". aws.amazon.com. 2021-11-29. Retrieved 2024-06-19.
  16. ^ "CRN February 2022 - Issue 1409 by The Channel Company - Issuu". issuu.com. 2022-02-23. Retrieved 2024-06-19.
  17. ^ Wiggers, Kyle (2022-05-24). "Cribl raises $150M to beat back rival observability tools". TechCrunch. Retrieved 2024-06-19.
  18. ^ "Cribl Raises $150M in Series D Funding". FinSMEs. 2022-05-24. Retrieved 2024-06-19.
  19. ^ "Cribl raises $150M for building next-gen edge data observability solutions | Edge Industry Review". www.edgeir.com. Retrieved 2024-06-19.
  20. ^ "Splunk suit claims Cribl built on stolen log management IP | TechTarget". IT Operations. Retrieved 2024-06-19.
  21. ^ CAI", "KENRICK. "The Cloud 100 2023". Forbes. Retrieved 2023-12-22.
  22. ^ PEACHMAN", "RACHEL RABKIN. "America's Best Startup Employers 2024". Forbes. Retrieved 2024-06-19.
  23. ^ "No.54 Cribl". Inc. Retrieved 2024-06-18.
  24. ^ Alspach, Kyle. "RSAC 2023 Sees Big Moves From SentinelOne, CrowdStrike, Google Cloud, Accenture | CRN". www.crn.com. Retrieved 2024-06-19.
  25. ^ Mellor, Chris (2023-12-11). "Storage news ticker – December 11". Blocks and Files. Retrieved 2024-06-19.
  26. ^ Chowdhry, Amit (2023-11-04). "Cribl: Over $100 Million In ARR Achieved". Pulse 2.0. Retrieved 2024-06-19.
  27. ^ "Fortune Cyber 60". Fortune. Retrieved 2024-06-19.
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