Cribl

Last updated
Cribl
Company type Private
Industry Software
FoundedJuly 2018; 6 years ago
FoundersClint Sharp, Dritan Bitincka, Ledion Bitincka
Headquarters San Francisco, California, U.S.
Revenue$100 million (2023)
Number of employees
≈ 700 (2024)
Website cribl.io

Cribl is an American company offering a data platform designed for information technology and security operations teams. Their core function revolves around simplifying and managing the massive amount of data generated by various software systems within an organization. [1] 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. [2] [3] In October 2022, Splunk filed a lawsuit against Cribl, alleging that the company based its business on stolen intellectual property.

History

Cribl was established in San Francisco, California, in July 2018 by Clint Sharp, Ledion Bitincka, and Dritan Bitincka. [2] [4]

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. [5] That same year, it launched Cribl.Cloud for onboarding data to SaaS logging tools, metric databases, and cloud data warehouses. [6]

The company was listed among The Information 50 Most Promising Startups in 2020. [7] [8]

Cribl launched AppScope, an Apache-licensed, open-source, black-box instrumentation technology, in April 2021. [9] 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. [10] [11] Cribl also earned the AWS Rising Star ISV Partner of the Year in November 2021. [12]

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. [13] [3] [14] 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. [15] [10] [4] This round brought total funding to $400 million. [16] [17]

In October 2022, Splunk, an American technology company, filed a lawsuit against Cribl, alleging that the company based its business on stolen intellectual property. Cribl released a public statement denying Splunk's allegations. [18] In 2023, Cribl was listed in Forbes Cloud 100 and America's Best Startup Employers 2023 lists, [19] [20] as well as Inc. 5000 list of fastest-growing private companies. [21] CrowdStrike introduced CrowdStream in cooperation with Cribl. [22]

In October 2023, Cribl became the fourth-fastest infrastructure company to reach centaur status ($100 million annual recurring revenue). [23] [24]

In December 2023, Cribl was named in Fortune's Inaugural Cyber 60 List of Top Private Cybersecurity Companies. [25]

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References

  1. ↑ 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 2024-02-29.
  2. 1 2 Sawers, Paul (2022-05-24). "Data observability company Cribl raises $150M". VentureBeat. Retrieved 2024-02-29.
  3. 1 2 "Cribl | Company Overview & News". Forbes. Retrieved 2024-02-29.
  4. 1 2 Whiting, Rick. "Cribl Raises $150M In Funding, Expands Data Observability Pipeline Lineup | CRN". www.crn.com. Retrieved 2024-02-29.
  5. ↑ "Cribl sets out to fix IT observability lock-in with $35M from Sequoia and CRV". SiliconANGLE. 2020-10-15. Retrieved 2024-02-29.
  6. ↑ "AWS Partner Highlights". partners.amazonaws.com. Retrieved 2024-02-29.
  7. ↑ "What We Learned From The Information's List of the 50 Most Promising Startups". The Information. Retrieved 2024-02-29.
  8. ↑ "The Information 50 Most Promising Startups". The Information. Retrieved 2024-02-29.
  9. ↑ criblio/appscope, GitHub, 2024-02-22, retrieved 2024-02-29
  10. 1 2 "Tiger Global leads $150M into Cribl - Inside.com". Inside. Retrieved 2024-02-29.
  11. ↑ Wadhwani, David (2021-08-25). "Solving Customer Data Challenges". Greylock. Retrieved 2024-02-29.
  12. ↑ "Announcing the AWS Partner Network's Regional U.S. 2021 Partners of the Year". aws.amazon.com. 2021-11-29. Retrieved 2024-02-29.
  13. ↑ "CRN February 2022 - Issue 1409 by The Channel Company - Issuu". issuu.com. 2022-02-23. Retrieved 2024-02-29.
  14. ↑ "Cribl: 2022 Top Startups for the Enterprise". CNBC. 2022-11-07. Retrieved 2024-02-29.
  15. ↑ Wiggers, Kyle (2022-05-24). "Cribl raises $150M to beat back rival observability tools". TechCrunch. Retrieved 2024-02-29.
  16. ↑ "Cribl Raises $150M in Series D Funding". FinSMEs. 2022-05-24. Retrieved 2024-02-29.
  17. ↑ "Cribl raises $150M for building next-gen edge data observability solutions | Edge Industry Review". www.edgeir.com. Retrieved 2024-02-29.
  18. ↑ "Splunk suit claims Cribl built on stolen log management IP | TechTarget". IT Operations. Retrieved 2024-02-29.
  19. ↑ Cai, Kenrick. "The Cloud 100 2023". Forbes. Retrieved 2024-02-29.
  20. ↑ SCHWARZ", "ALAN. "America's Best Startup Employers 2023". Forbes. Retrieved 2024-02-29.
  21. ↑ "No.54 Cribl". Inc. Retrieved 2024-02-29.
  22. ↑ Alspach, Kyle. "RSAC 2023 Sees Big Moves From SentinelOne, CrowdStrike, Google Cloud, Accenture | CRN". www.crn.com. Retrieved 2024-02-29.
  23. ↑ Mellor, Chris (2023-12-11). "Storage news ticker – December 11". Blocks and Files. Retrieved 2024-02-29.
  24. ↑ Chowdhry, Amit (2023-11-04). "Cribl: Over $100 Million In ARR Achieved". Pulse 2.0. Retrieved 2024-02-29.
  25. ↑ "Fortune Cyber 60". Fortune. Retrieved 2024-02-29.
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