Coralogix Acquires AI Observability Platform Aporia, Launching Dedicated AI Research Center

Coralogix acquires AI observability platform Aporia | TechCrunch

Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix AI, which will be led by Aporia co-founders CEO Liran Hason and CTO Alon Gubkin. Aporia's technology will be integrated into Coralogix' service. "This acquisition is a significant step for us. Using Aporia's technology and expertise, hundreds of AI teams already using Coralogix today will be able to enjoy high-quality visibility, protection, and control over their AI systems," said Coralogix CEO Ariel Assaraf. The overall idea here is to use Aporia as part of a new unified monitoring platform for both AI and more traditional workloads that gives users insights into their data pipelines, infrastructure, applications and AI systems, the company says. Coralogix was founded in 2014, and while it offers a wide range of monitoring, analytics, and security services -- as well as AI tools on its own platform -- the company didn't have dedicated tools for monitoring AI systems. Acquiring Aporia closes this hole. Aporia was founded in 2019, well before the latest round of hype around large language models but already with a focus on machine learning. Since its launch, the company raised a total of $30 million, with the last round being a $25 million Series A in 2022. Investors include Tiger Global, TLV Partners, Samsung Next, and Vertex Ventures. The two companies did not disclose the price of the acquisition, but the announcement fits a wider trend we're seeing these days where larger platforms acquire point solutions as the market -- and enterprise budgets -- prefer full-stack platforms. "This expansion strengthens Coralogix's commitment to taking our AI strategy and delivering the best tech to our customers. Our new research center will foster AI innovation and collaboration, providing our clients with the tools and environment needed to drive the future of AI systems," siad Coralogix CTO Yoni Perin.

Coralogix acquires Aporia to enhance AI and machine learning observability - SiliconANGLE

Observability startup Coralogix Ltd. announced today that it has acquired machine learning observability startup Aporia Technologies Ltd. for an undisclosed sum. Founded in 2019, Aporia offers a machine-learning observability platform that specializes in monitoring and controlling undetected defects and failures in machine learning models. The company offers tools for data scientists and machine learning teams to monitor, manage, investigate and improve their models in production. Aporia's platform supports various machine learning use cases and model types, allowing users to define customization to meet their specific needs. Key features of the platform include detecting data drift, bias, data integrity issues and performance degradation to ensure that models operate reliably and transparently. In addition to observability, Aporia provides artificial intelligence guardrails that are designed to secure AI systems against risks such as hallucinations, data leakage and prompt attacks in real time. The guardrails enhance the safety and reliability of AI deployments, making Aporia's platform a popular choice for startups and Fortune 500 companies across various industries. Notable Aporia customers include Lemonade Insurance Co., DoorDash Inc., MunichRe, Robert Bosch GmbH, Sixt SE and Course Hero Inc. For Coralogix, the acquisition will deliver an observability platform that combines insights from both AI and software applications to allow users to gain end-to-end visibility and drive actionable insights for faster and better business results. The acquisition is also expected "to create a significant technological player in the global market with unique technological advantages." As part of the acquisition deal, Coralogix will be launching a dedicated AI research center, Coralogix AI. The center, in which Coralogix expects to invest tens of millions of dollars over the next two years, will focus on solving fundamental problems in AI, including transparency, security, monitoring, governance and control. Post-acquisition, Coralogix customers will benefit from a unified observability platform that bridges the gap between AI systems and traditional software, one that provides visibility across data pipelines, infrastructure and applications, eliminating blind spots and enabling actionable insights. "Using Aporia's technology and expertise, hundreds of AI teams already using Coralogix today will be able to enjoy high-quality visibility, protection and control over their AI systems," said Coralogix Chief Executive Officer Ariel Assaraf. Chief Technology Officer Yoni Perin added that the "expansion strengthens Coralogix's commitment to taking our AI strategy and delivering the best tech to our customers" and "our new research center will foster AI innovation and collaboration, providing our clients with the tools and environment needed to drive the future of AI systems." Coming into its acquisition, Aporia had raised $30 million over two rounds, including a round of $25 million in February 2022. Investors in the company included Tiger Global Management, Samsung Next Ventures, TLV Partners Ltd. and Vertex Ventures Israel Ltd.

AI Exit: Aporia Acquired by Coralogix

SAN JOSE, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Aporia, a cutting-edge platform for AI observability and guardrails and a TIME Best Invention, has been acquired by Coralogix, a data observability powerhouse, instantly bringing AI security and reliability to thousands of enterprises. This strategic acquisition makes Coralogix the first Observability platform to combine insights from both AI and software applications, allowing its users to gain end-to-end visibility and drive actionable insights for faster and better business results. The acquisition is expected to create a significant technological player in the global market with unique technological advantages. Founded in 2019, Aporia has become a trusted platform for safeguarding AI systems, including generative AI (GenAI) and classic machine learning. Its customer base spans startups and Fortune 500 companies alike, including Lemonade, DoorDash, MunichRe, Bosch, Sixt, and more. Aporia's Guardrails and observability solutions help organizations detect and resolve AI errors in real time, ensuring reliable and secure AI deployment. As part of the deal, the company will be launching a dedicated AI research center - Coralogix AI. This center will focus on solving fundamental problems in AI, including transparency, security, monitoring, governance, and control. Coralogix is expected to invest tens of millions of dollars in this center over the next two years. Liran Hason, CEO of Aporia, and Alon Gubkin, Aporia's CTO, will be leading Coralogix AI. The entire Aporia team will move to Coralogix's offices, where the technology they developed will be integrated, and the number of employees will be doubled in the next two years. A Shared Vision for Observability "This acquisition is a significant step for us. Using Aporia's technology and expertise, hundreds of AI teams already using Coralogix today will be able to enjoy high-quality visibility, protection, and control over their AI systems." said Coralogix CEO Ariel Assaraf. CTO Yoni Perin added, "This expansion strengthens Coralogix's commitment to taking our AI strategy and delivering the best tech to our customers. Our new research center will foster AI innovation and collaboration, providing our clients with the tools and environment needed to drive the future of AI systems." "Aporia has always been dedicated to helping organizations trust and safeguard their AI systems," said Liran Hason. "Joining Coralogix as Coralogix AI allows us to accelerate our mission of delivering security, reliability, and transparency to AI deployments globally." Coralogix AI will enable customers to streamline AI at scale by providing: Unified Monitoring: By bridging the gap between AI and classic software, a single, unified observability platform eliminates blind spots created by disparate tools and provides insights across data pipelines, infrastructure, applications, and AI systems. This integration solidifies Coralogix as an end-to-end observability provider, delivering heightened reliability, improved safety, and accelerated development and business impact.AI Observability: Enhancing the existing platform with cutting-edge AI observability, enabling customers to monitor and secure their AI systems alongside traditional infrastructure and applications.Real-Time Error Detection: Advanced tools address critical AI challenges, including real-time detection of issues such as hallucinations, prompt injections, bias, drift, and security risks. These capabilities ensure peak performance and reliability for AI initiatives.Tailored AI Solutions: As the first observability platform to offer native AI capabilities, Coralogix now provides engineering and AI teams with tools designed specifically for their unique operational and security needs, ensuring smooth and confident AI deployment. About Coralogix Coralogix is a modern observability platform transforming how businesses process and understand their data. Our unique architecture powers in-stream analysis and alerting without reliance on indexing or hot storage. Covering the entire range of observability, Coralogix offers features such as APM, RUM, SIEM, Infrastructure Monitoring, and more, all streamlined for quick integration and immediate value. Coralogix stands out for its simple pricing model, based solely on data volume ingested. With world-class, free support, all customers enjoy response times of less than 30 seconds and resolution times within 1 hour. Learn more at www.coralogix.com. About Aporia Aporia is the leading AI control platform, empowering engineering teams globally with robust observability and built-in AI guardrails for both traditional machine learning and generative AI applications. Their innovative multiSLM detection engine, the first of its kind, employs SLMs over LLMs, to achieve superior speed and accuracy. Recognized as a Technology Pioneer by the World Economic Forum and a TIME Best Invention 2024, Aporia is trusted by leading organizations such as Bosch, Lemonade, Levi's, Munich RE, and Sixt. Aporia is committed to delivering AI applications that are reliable, responsible, and safe. For more information, visit www.aporia.com. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3073a0b1-2a70-481c-bf9e-46e535705c1e Contact Mark Prindle mark.prindle@fusionpr.com Market News and Data brought to you by Benzinga APIs