Cribl

Hill Chart Shape

Overview

Cribl
Sectors
Analytics, Data, SaaS
Headquarters
San Francisco, California, USA
CEO
Clint Sharp
Cribl raised $319.0M in a Series E Valuation at a $3.86143 price per share, amounting to a post-money valuation of $3.5B on August 2, 2024. PMI data indicates that Cribl's shares have been trading at an 36.2% premium to their Series E Valuation based on institutional secondary market activity.
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Series E Valuation
Latest funding round
$3.5B
XXXXX
2024-08-02
XX-XX-XXXX
AV Implied Valuation
$4.77B
2024-12-16
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
+36.2%
2024-08-02 ➞ 2024-12-16
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
Medium
XXXXX
Volume
$54.4M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
$45.0M
Ask
$9.4M

“Cribl's mission is to empower enterprises to unlock the value of all their data by providing a data engine for IT and Security.”

Founded in 2018 by Clint Sharp, Cribl is a data processing company based in San Francisco, California. The company provides vendor-agnostic solutions that allow organizations to analyze, collect, process, and route IT and security data from any source to any destination. Cribl's product suite includes Cribl Stream, Cribl Edge, and Cribl Search, which are designed to offer flexibility and control over data strategies for Fortune 1000 companies worldwide.

Business Model

Cribl operates on a software-as-a-service (SaaS) model, offering its data processing tools to enterprises on a subscription basis. The company provides a vendor-neutral platform that integrates with existing IT and security infrastructures, enabling organizations to optimize their data flow and reduce costs associated with data management. Cribl's revenue is generated through subscriptions to its software products and services.

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Targeted Impact

Cribl aims to transform how organizations manage and utilize their IT and security data, enhancing observability and operational efficiency.

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Who Will benefit?

Enterprises seeking to optimize their data management processes and improve IT and security operations will benefit from Cribl's solutions.

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What Comes Next?

Cribl plans to expand its product offerings and enhance its platform capabilities to meet the evolving needs of its customers.

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Cribl Growth Timeline

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Cribl and Competition

Cribl's top competitors include Splunk, Elastic, and Datadog. Splunk offers comprehensive data analytics and monitoring solutions, Elastic provides a search and analytics engine, and Datadog specializes in cloud-scale monitoring and security. Cribl differentiates itself with a focus on vendor-neutral data processing and observability, offering flexibility and control over data strategies.

VC / Strategic Investors

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crv

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CRV

Invested at:

Series B, Series C, Series D, Series E

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capitalg

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CapitalG

Invested at:

Series E

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citi-ventures

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Citi Ventures

Invested at:

Series C

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gic

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GIC

Invested at:

Series E

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greylock-partners

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Greylock Partners

Invested at:

Series C, Series D

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ivp

</logo>

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IVP

Invested at:

Series C, Series D, Series E

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redpoint-ventures

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<text>

Redpoint Ventures

Invested at:

Series C, Series D

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sequoia-capital

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<text>

Sequoia Capital

Invested at:

Series B

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tiger-global-management

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Tiger Global Management

Invested at:

Series D

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Key Partners

Cribl's Analysis

Annual Revenue and Revenue Growth

Funding Round

Return on Investment (ROI)

Bid:Ask Volume Ratio

ApeVue highlights the quarterly bid:ask volume ratio where there were at least three broker contributions within that period.

Activity

Activity refers to broker contributions within the last 90 days.

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Cribl Private Comparables in the AI Sector

ApeVue highlights active private companies within the AI sector.

Change in ApeVue Valuation Since Last Funding Round

ApeVue uses composite price based on the institutional level contributions within the last 90 days to compute implied valuation. ApeVue's current implied valuation is compared to each company's latest funding round valuation:

Change in Composite Price

The plot below illustrates the change in composite price within the last 90 days.

Activity

The plot below displays the 90-day activity based on institutional-level ($1M+) broker contributions.

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