Coralogix, a leading full-stack observability and security platform provider, announced the launch of “Olly,” an AI agent designed to make observability data accessible and actionable for all enterprise users, from product managers to business leaders. Olly leverages AI to overcome data challenges, automate root cause analysis, and proactively identify opportunities and risks across the organization.
Olly enables anyone, from product managers to business leaders, to interact with observability data and get real-time, actionable answers. The India rollout is part of Coralogix’s broader global expansion following its recently announced $115 million Series E funding round.
This latest round of funding is fueling the global rollout and commercialization of Olly and will play a pivotal role in shaping the future of observability innovation. With this round, the company surpasses a $1 billion valuation, driven by strong customer growth and increasing demand for scalable observability.
Indian enterprises face challenges such as managing large volumes of data, inconsistent data quality (reported by 54% of organizations), and a shortage of AI expertise (36%). Olly addresses these gaps by redefining what observability can be in the new AI era. Going beyond logs, metrics, and traces, Olly delivers contextual answers, automates root cause analysis, and proactively surfaces opportunities and risks. By fusing advanced AI with deep telemetry data, Olly transforms observability from a reactive tool into an intelligent, always-on assistant that empowers teams across functions to drive faster, smarter decisions.
India is one of Coralogix’s fastest-growing markets. The company is leveraging India’s engineering talent and cloud ecosystem, including its AWS data center in Mumbai, to develop and localize Olly for Indian enterprises. Sectors expected to benefit include BFSI, IT & Telecom, e-commerce, logistics, and healthcare, particularly where observability, compliance, and AI reliability are critical.
Olly is an agentic AI system designed not just to surface alerts from all of the telemetry data that Coralogix observes, but to answer questions and guide action. Users can ask questions ranging from precise prompts like, “What is wrong with the payment flow?” or, “Why do some users struggle with logging in?” to more holistic questions like, “Which service is frustrating our users the most?” Though easy to phrase, these prompts give users access to deep system-level understanding without requiring manual investigation or specialized knowledge.
Olly offers several key benefits for enterprise teams managing complex systems. It simplifies telemetry search and reduces mean time to resolution (MTTR) by replacing multi-step filtering with a prompt-driven interface that quickly surfaces the underlying causes of system issues. By consolidating and analyzing logs, metrics, and traces, Olly enables instant root cause identification, saving engineering time and minimizing the need for manual analysis. Additionally, it provides guided recommendations and diagnostic suggestions, helping teams detect errors and implement fixes efficiently while maintaining full control over the resolution process.
Ariel Assaraf, CEO
Olly is more than just an observability tool; it’s an intelligent assistant that empowers employees to gain full access to all their data and make better decisions.
Yoni Farin, CTO and Co-Founder
AI is not just part of the future- we believe it's the foundation of it. That’s why we’ve made a bold, foundational change to embed AI into the core of our platform.
