Hydrolix, a Portland, OR-based data lake platform company focused on transforming the economics of log data, has secured $80 million in Series C funding.
Investors
The round was led by QED Investors, with participation from Blumberg Capital, Frontline Ventures, Pruven Capital, Sozo Ventures, and existing investors, including Akamai.
Founded in 2007, QED Investors is a venture capital firm based in Alexandria, VA, specializing in high-growth fintech companies worldwide. With a portfolio of over 225 companies, including 29 unicorns, QED Investors continues to drive innovation in the fintech space.
Chuckie Reddy, QED partner and head of growth investments, will join the Hydrolix board as a director.
Hydrolix Use of Funds
The company plans to expand its cloud platform availability, improve data ingestion capabilities, and enhance its analytics offerings to support security, observability, and AI-driven applications.
About Hydrolix
Founded in 2018 by Marty Kagan and Hasan Alayli, Hydrolix provides a data lake platform to manage and analyze massive volumes of log data in real-time. By leveraging advanced stream processing, decoupled storage, high-density compression, and indexed search, Hydrolix enables real-time query performance at a massive scale while reducing costs. Based in Portland, Oregon, Hydrolix serves industries such as security, observability, e-commerce, advertising technology, and financial services.
Funding Details
Company: Hydrolix, Inc.
Raised: $80.0M
Round: Series C
Funding Date: April 2025
Lead Investor: QED Investors
Additional Investors: Blumberg Capital, Frontline Ventures, Pruven Capital, Sozo Ventures, Akamai, AV8 Ventures, Ericsson Ventures, Nava Ventures, Oregon Venture Fund, S3 Ventures, Uncorrelated Ventures, Wing Venture Capital
Company Website: https://hydrolix.io/
Software Category: Data Management and Data Analytics
Source: https://www.prnewswire.com/news-releases/hydrolix-closes-80-million-series-c-to-control-ballooning-log-data-storage-cost-and-boost-analytics-performance-in-the-ai-age-302420041.html