This Cribl company profile covers the company's valuation, revenue, funding rounds, investors and history. Cribl works in software, with a focus on IT and security data management. It was founded in 2017 and is headquartered in San Francisco, California, United States. Its latest valuation on record is US$3.5 billion (August 2024). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.
Revenue
| Metric | Value | As of | Source |
|---|---|---|---|
| ARR milestone | Passed US$100 million in annual recurring revenue in October 2023 (company-reported) | October 2023 | Cribl (company press release) |
Funding history
| Date | Round | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 2024 | Series E | US$319M (primary and secondary) | US$3.5B | GV (lead); GIC, CapitalG, IVP, CRV | Cribl (company press release) |
Cribl timeline
Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.
- 2017 — Cribl is founded in San Francisco by Clint Sharp (CEO), Dritan Bitincka and Ledion Bitincka.
- Aug 2024 — Series E: US$319M (primary and secondary), valuing the company at US$3.5B. Investors: GV (lead); GIC, CapitalG, IVP, CRV.
- October 2023 — ARR milestone: Passed US$100 million in annual recurring revenue in October 2023 (company-reported).
Investors
Overview
Cribl helps IT and security teams manage the huge volumes of telemetry data their systems produce, such as logs, metrics and traces. Its products collect, filter, reshape and route that data to wherever it's needed, such as security analytics tools, observability platforms or low-cost storage, so organisations can control costs and choose tools freely. Because security and monitoring platforms often charge by the amount of data ingested, reducing and routing data intelligently can save companies large sums. In August 2024 Cribl raised a US$319 million Series E at a US$3.5 billion valuation, led by GV, after passing US$100 million in annual recurring revenue in October 2023.
Clint Sharp, the CEO, and brothers Dritan and Ledion Bitincka founded Cribl in 2017 in San Francisco. All three previously worked at Splunk, the log analytics company, where they saw customers struggle with the cost and complexity of sending all their data into a single expensive platform.
Products
- Cribl Stream: a data pipeline that collects, filters, enriches and routes telemetry to multiple destinations.
- Cribl Edge: an agent that collects data from servers and endpoints.
- Cribl Search: searches data where it's stored, without first loading it into an analytics platform.
- Cribl Lake: low-cost storage for telemetry data in open formats.
- AI features: assistants that help configure pipelines and analyse data.
Funding
Cribl raised from investors including Sequoia Capital, Redpoint Ventures, CRV, IVP, CapitalG and GIC. In August 2024 it announced a US$319 million Series E, combining primary and secondary shares, led by GV, with GIC, CapitalG, IVP and CRV participating. The round valued Cribl at US$3.5 billion, up 40% from its 2022 Series D, and brought total capital raised to more than US$600 million. GV general partner Michael McBride joined the board.
Business model
Cribl sells subscriptions, priced largely by data volume processed, with cloud and self-managed options. Customers often justify the cost through savings on downstream tools, where reducing data volumes lowers licence and storage costs. As customers process more data and adopt more products, revenue grows.
Competition
Cribl competes with data pipeline features from Splunk (owned by Cisco), Datadog, Elastic and security vendors; with open-source tools such as Vector and Fluentd; and with newer data platforms such as ClickHouse and Grafana Labs in observability. Its advantage is vendor neutrality: it helps customers send data to any destination.
Cribl at a glance
Cribl is a San Francisco data management company founded in 2017 by former Splunk employees Clint Sharp, Dritan Bitincka and Ledion Bitincka. It helps IT and security teams route, reduce and store telemetry data. It raised a US$319 million Series E at a US$3.5 billion valuation in August 2024, led by GV, after passing US$100 million in ARR.
Timeline
- 2017: founded.
- 2019: launches Cribl Stream (originally LogStream).
- 2021: becomes a unicorn.
- 2022: raises a Series D.
- October 2023: passes US$100 million in ARR.
- August 2024: raises US$319 million at US$3.5 billion.
Why telemetry data is expensive
Modern applications run across cloud services, containers and devices, each generating logs and metrics constantly. Security teams need much of this data to detect threats, and operations teams need it to troubleshoot problems. But storing and analysing everything in premium platforms is costly, and much of the data is rarely used. Cribl lets teams keep high-value data in analytics tools while routing the rest to cheaper storage, where it can still be searched when needed. This approach gives organisations more control over costs and tool choices.
Security operations and AI
Security operations centres rely on SIEM platforms that analyse logs to detect attacks. As data volumes grow and AI-driven security tools emerge, organisations want flexibility to send data to multiple tools or switch vendors. Cribl's neutral data layer makes that easier, which is valuable during periods of change in the security market, such as Cisco's acquisition of Splunk.
Who funds Cribl
Cribl's investors include GV, which led its Series E, along with GIC, CapitalG, IVP, CRV, Sequoia Capital and Redpoint Ventures.
Who uses Cribl
Cribl's customers include large enterprises and government organisations, used by security, IT operations and observability teams.
Valuation context
Cribl's valuation rose between 2022 and 2024, unusual during the software downturn. Our guide to the largest private SaaS companies compares it with peers.
Risks
- Platform competition: large vendors are adding pipeline features.
- Open-source alternatives: free tools can handle some use cases.
- Market consolidation: acquisitions may change customers' tool choices.
Questions for buyers
- How much could you save on downstream tools by reducing data?
- Which sources and destinations do you need to support?
- Would cloud or self-managed deployment fit your requirements?
How Cribl Stream is used
A large bank might generate terabytes of logs every day from firewalls, servers, applications and cloud services. Sending all of it to its security analytics platform would be prohibitively expensive, yet some of it must be kept for compliance and investigations. With Cribl Stream, the security team routes high-value events, such as authentication failures and network alerts, to the analytics platform, strips unnecessary fields to reduce volume, sends full copies to cheap object storage, and forwards selected data to an observability tool used by operations teams. When an investigation requires older data, Cribl Search can query it in storage without reloading it. The bank pays less for analytics, keeps the data it needs and can change tools without rebuilding every data feed.
Because pipelines can be changed centrally, teams can respond quickly when new data sources appear or regulations change, without reconfiguring hundreds of agents.
Buyers can usually measure potential savings by running Cribl on a sample of their data before committing.
Latest developments (October 2026)
Axios reported in February 2026 that Cribl had passed US$300 million in annual recurring revenue, up from about US$200 million a year earlier, and was planning a secondary share sale, according to Axios Pro. Its last primary round remains the August 2024 Series E at US$3.5 billion; secondary-market estimates in 2026 were close to that level. Cribl also expanded into AI-driven security operations through a deal for the technology of Radiant Security, according to public summaries.
What to watch
Watch ARR growth, IPO plans and competition from security and observability platforms.
Takeaways
IT and security teams can control telemetry costs and tool choices. Founders can see how insider knowledge of an incumbent's limits can create a company. Investors should watch platform competition.
Sources
Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.
Frequently asked questions
What does Cribl do?
Cribl is a software / it and security data management company headquartered in San Francisco, California, United States. It was founded in 2017.
What is Cribl's valuation?
Cribl was valued at US$3.5 billion as of August 2024, according to Cribl (company press release). Private company valuations are set at funding rounds or share sales and can change significantly between them.
How much revenue does Cribl make?
Cribl is a private company and has not publicly disclosed its revenue. Figures on third-party sites are usually modelled estimates rather than numbers reported by the company.
What was Cribl's latest funding round?
The most recent financing we have verified is a series e in Aug 2024: US$319M (primary and secondary), at a valuation of US$3.5B. Source: Cribl (company press release).
Who are Cribl's investors?
Investors named in public announcements include GV, GIC, CapitalG, IVP, CRV, Sequoia Capital and Redpoint Ventures.
Who founded Cribl?
Cribl was founded in 2017 by Clint Sharp (CEO), Dritan Bitincka and Ledion Bitincka.
Is Cribl a public company?
No. Cribl is a private company (private, venture backed), so its shares are not traded on a stock exchange and it isn't required to publish its financial results.
Where is Cribl headquartered?
Cribl is headquartered in San Francisco, California, United States.