Cribl

Cribl is a pioneering SaaS company revolutionizing data management for IT and security teams. Founded in 2018 by former Splunk employees, Cribl offers innovative data pipeline solutions that empower enterprises to efficiently manage and optimize their growing volumes of telemetry data. With a focus on cost reduction, Cribl's products, including Cribl Stream and the newly launched Cribl Lake, enable organizations to save significantly on data storage costs—up to 90% compared to traditional platforms like Splunk.

As of 2024, Cribl has achieved an impressive $200 million in annual recurring revenue (ARR), reflecting a remarkable 71% year-over-year growth. The company is valued at $3.5 billion following a successful Series E funding round, underscoring its strong market position and investor confidence. With a net revenue retention rate of 145% and a customer base that includes 43 Fortune 100 companies, Cribl stands out for its vendor-neutral approach and commitment to helping enterprises control their data management expenses.

Cribl's vision is to continue expanding its product suite and market reach, particularly in the burgeoning fields of security data management and application performance monitoring. As the company aims to increase its cloud revenue to 40-50% in the coming years, it is well-positioned to lead the charge in transforming how organizations handle their data in an increasingly complex digital landscape.