Total amount raised
$145M
Latest funding date
2025-04-03
Location
Hydrolix has successfully raised funding over five rounds, with the latest being a Series C round. The company is backed by 16 investors, including Sozo Ventures, Wing Venture Capital, and QED Investors.
What Is Hydrolix?
Hydrolix is a data management company based in Portland, Oregon, specializing in cloud data services, database, information technology, internet, and outsourcing. The company provides solutions for storing, managing, and analyzing large-scale data, with a focus on real-time analytics and high-volume streaming log data.
Founded in Portland, Oregon, Hydrolix operates with a team of 101-250 employees. The platform offers sub-second analytics at a global scale, supporting various use cases such as CDN observability, security and SIEM, AdTech analytics, and AI/ML operations. Hydrolix is designed to scale without sacrificing performance, providing significant cost reductions and fast time-to-insight.
How Much Funding Has Hydrolix Raised?
- Seed Round
- Amount Raised: USD 10,000,000
- Date: February 2021
- Lead Investors: Wing Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial product development and lower the cost of storing and querying log data at scale.
- Series A
- Amount Raised: USD 20,000,000
- Date: June 2023
- Lead Investors: Nava Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product features amid a challenging VC market.
- Series B
- Amount Raised: USD 35,000,000
- Date: May 2024
- Lead Investors: S3 Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand streaming data lake operations and partner network.
- Series C
- Amount Raised: USD 80,000,000
- Date: April 2025
- Lead Investors: QED Investors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To control ballooning log data storage costs and boost analytics performance in the AI era, building on 8x revenue growth in 2024.
Total Amount Raised: USD 145,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- QED Investors
- Details: QED Investors is a leading venture capital firm focused on investing in disruptive financial services and data-driven technology companies. Chuckie Reddy, QED's partner and head of growth investments, joined the Hydrolix board as a director following the Series C.
- Investment Focus Areas: Fintech, financial services, data technology.
- Notable Investments: Credit Karma, SoFi, Avant.
- S3 Ventures
- Details: S3 Ventures is a venture capital firm that invests in early-stage technology and healthcare companies. They are known for their hands-on approach and long-term commitment to portfolio companies.
- Investment Focus Areas: Technology, healthcare companies.
- Notable Investments: Alkami Technology, BigCommerce, OrthoAccel.
- Nava Ventures
- Details: Nava Ventures is a modern early-stage investment firm that focuses on technology startups. They led Hydrolix's Series A and continued participating in subsequent rounds.
- Investment Focus Areas: Early-stage technology companies.
- Notable Investments: Specific notable investments are not publicly listed.
- Wing Venture Capital
- Details: Wing Venture Capital specializes in early-stage investments in enterprise technology companies, with a strong focus on the next generation of enterprise software and infrastructure.
- Investment Focus Areas: Early-stage enterprise technology companies.
- Notable Investments: Snowflake, Gong.io, Cohesity.
- AV8 Ventures
- Details: AV8 Ventures is a venture capital firm that invests in early-stage technology companies across sectors such as AI, data, and digital health.
- Investment Focus Areas: AI, data, digital health.
- Notable Investments: AEye, Element, Hummingbird.
- Blumberg Capital
- Details: Blumberg Capital is an early-stage venture capital firm focused on B2B SaaS and data-driven technology companies. They participated as a new investor in Hydrolix's Series C round.
- Investment Focus Areas: B2B SaaS, enterprise software, cybersecurity, data technology.
- Notable Investments: Nutanix, BioCatch.
What's Next for Hydrolix?
Hydrolix is poised to capitalize on the growing demand for real-time data processing and analytics. With a recent $35 million Series B funding round, the company is well-positioned to expand its product development, sales operations, and partner network. This significant capital injection underscores the vast opportunities available in the data management sector, particularly for applications requiring extreme scale and high-speed data processing.
Future fundraising opportunities appear promising as Hydrolix continues to demonstrate strong growth and market potential. The company's ability to secure substantial funding in a challenging venture capital environment suggests that it will likely attract further investment to scale its operations and technology. However, Hydrolix may face challenges such as competition from established players and the complexities of integrating with various data processing platforms.
Use Clay to Get Funding Data
Sales professionals, leverage Clay's platform to access comprehensive fundraising data on companies like Hydrolix and gather other critical business insights. Sign up for free to start transforming your sales strategy today.
